Author Topic: U.S. state treasurers warn Kerry not to pressure banks on climate  (Read 86 times)

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Offline DefiantMassRINO

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https://finance.yahoo.com/news/u-state-treasurers-warn-kerry-155709386.html

WASHINGTON, May 26 (Reuters) - Treasurers from 15 U.S. states warned U.S. climate envoy John Kerry in a letter this week that they could withdraw assets from any banks that reduce loans to fossil fuel companies, following reports that the Biden administration has pressured financial institutions over such loans.

  Riley Moore, state treasurer of coal and natural gas producing West Virginia, said the Biden administration's efforts would, if enacted, cripple fossil fuel companies and threaten jobs of thousands of workers in his state.
"It doesn't matter what temperature the room is, it's always room temperature." - Steven Wright