Texas Threatens Financial Firms That Boycott Fossil Fuels

Texas is preparing to shut the investment door to financial services companies that shun the oil and gas industry and may ban them from doing business in the Lone Star state, Comptroller Glenn Hegar’s office said in a statement. The statement comes with the release of a list compiled by the Comptroller of banks and other financial services providers that boycott oil and gas companies. According to the FAQ section of the documentation, Texas state agencies state “are prohibited from investing in and must divest from companies listed…