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Texas warns firms they could lose state contracts for divesting from fossil fuels.

3/21/22

< < Go Back

from Texas Tribune,

3/16/22:

A new law prohibits the state from contracting with or investing in companies that divest from oil, natural gas and coal companies.

While many companies and governments have attempted to divest from fossil fuel-based energy in response to the growing climate crisis and effects of fossil fuels on global warming, Texas GOP lawmakers are doing the opposite.

More From Texas Tribune:

Texas warns firms they could lose state contracts for divesting from fossil fuels.