Texas stumbles in efforts to punish green financial firms

Texas stumbles in efforts to punish green financial firms

Fossil fuels power the Texas economy, accounting for about 14% of the state’s gross product between 2019 and 2020. Today, Texas is the first state in the nation to pass anti-fossil fuel divestment laws. For years, fossil fuel-producing states have seen investors turn away from the companies that are causing the climate crisis. Last year,…