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15 States Threaten To Pull Assets From Big Banks That Cut Off Fossil Fuels

(Mandel Ngan/AFP via Getty Images)

VARUN HUKERI

DAILY CALLER REPORTER

A coalition of 15 Republican state treasurers is threatening to pull assets from financial institutions that “refuse to lend to or invest in” the coal industry and other fossil fuels.

The state treasurers, led by Riley Moore of coal-dependent West Virginia, sent a letter to special climate envoy John Kerry on Tuesday that criticized his efforts to pressure big banks and lenders to cut off fossil fuels, stating their opposition to the Biden administration’s “command and control” policies.

Click the link below to read the rest of this story.

https://dailycaller.com/2021/05/26/state-treasurers-west-virginia-big-banks-fossil-fuels-john-kerry/

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