Hints and tips:
...In 2022, West Virginia led the way when it barred five financial firms, including JPMorgan, BlackRock and Goldman, from new state business, saying they were “boycotting” the fossil fuel industry....
...In January 2022, West Virginia treasurer Riley Moore, who manages the US state’s cash and financial dealings, became the first red-state official to pull money out of BlackRock....
...Virginia to Virginia....
...Morrissey, a Republican, is campaigning to be West Virginia’s next governor. Others are also using the actions against President Joe Biden’s climate agenda to raise their local profile....
...In West Virginia, the treasurer’s office will transfer banking services out of JPMorgan Chase by the end of November, according to a spokesman....
...The outflows started in 2022 after West Virginia state treasurer Riley Moore included BlackRock on the nation’s first list of financial firms deemed to boycott fossil fuel companies....
...Those who did not, and those who failed to respond, were put on the final list of 10, which included Credit Suisse, UBS and BNP Paribas, among others....
...Republican states reliant on the fossil fuel industry, including West Virginia and Oklahoma, have banned some asset managers from doing business with them, based on accusations of boycotting fossil fuels...
...Křetínský’s bought stakes in supermarket chain J Sainsbury and London football club West Ham United....
...Eighteen states have passed some form of anti-ESG law, and Texas and West Virginia among others are boycotting BlackRock funds....
...“At that time [pre-financial crisis, at UBS], you either covered the whale- type accounts — the big mutual funds — or capital on the West Coast or whatever it was . . . no one really cared about macro funds...
...Paul Tonko, a Democratic congressman for New York, says the industry has been operating in “a wild west, largely unregulated environment” and is likely to precipitate a “public health crisis” unless the...
...Even as they opposed the legislation, oil companies and trade groups lobbied centrist West Virginia Democrat senator Joe Manchin, one of its architects, to include tax credits for carbon capture, hydrogen...
...Form Energy raised $450mn from investors in 2022 and this year is building a battery factory in West Virginia....
...West Virginia senator Joe Manchin said the guidance “rewards” the continuation of Chinese dominance....
...“Some days,” says Adam West’s exasperated Batman, “you just can’t get rid of a bomb.” These two minutes of cinematic genius sum up a larger truth....
...But the analysts thought the most likely scenario, should Credit Suisse’s situation worsen, would be a sale to local rival UBS, one of the people said....
...Texas funds have negligible holdings in UBS and Credit Suisse....
...Previously, West Virginia banned five Wall Street lenders from state contracts accusing the likes of JPMorgan and Goldman Sachs of engaging in a “boycott of energy companies”....
...Virginia that will hire coal miners displaced as use of the fossil fuel declines....
...(Patrick Temple-West) Record year for climate pressure on Japan Inc It has been a historic year for environmental activism at Japan Inc....
...The world’s biggest asset management, state pension and sovereign wealth funds are passively invested in companies which have allegedly been involved in the repression of Uyghur Muslims in north-west China...
...Republicans in Texas have targeted BlackRock as “hostile” to fossil fuel, and the state treasurers of Louisiana, West Virginia and Arkansas have collectively pulled out about $700mn of investments....
...Governors of Michigan, Georgia and Illinois, as well as West Virginia senator Joe Manchin, one of the IRA’s architects, were at the World Economic Forum in Davos last week extolling the virtues of the act...
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