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West Virginia cracks down on major banks over environmental activism

'We are absolutely going to stand by our industries here in fossil fuels,' says West Virginia State Treasurer Riley Moore

The State of West Virginia banned four major financial institutions from entering into tens of billions of dollars worth of state contracts over their environmental policies.

West Virginia State Treasurer Riley Moore added Citigroup, TD Bank, HSBC and The Northern Trust Company – banks which collectively oversee assets worth trillions of dollars – to his state's Restricted Financial Institution List after he determined they are actively engaged in a boycott of the fossil fuel industry. The action was taken in accordance with a 2022 law the state's legislature passed to fight back against the sustainable investing movement.

"We are absolutely going to stand by our industries here in fossil fuels," Moore told FOX Business. "Last year, the world burned more coal than any time in human history. The consumption of coal is not going down. That is a myth that is proliferated by the climate-activist left. So, why would we put ourselves in a position to not be part of that?"

FOX Business

Beating others to the punch here.....

How Dare he!!!


LOL, Rock on WV!

Those pesky banksters/money changers/usery zealots are always trying to improve the countries they reside in ...........

Good for them.

Thanks for the link.

Paul should be along shortly to scold you, again.