This is getting serious for woke investment firm BlackRock, a company that demands companies avoid using fossil energy in order to combat global warming. BIG states controlled by Republicans have had enough of BlackRock's anti-fossil energy activism and are fighting back. In August, Texas, the second largest state (by population) in the country, announced the state's
BlackRock, which encourages investors to divest from companies that refuse to tow the ESG line (i.e. fossil energy companies), is feeling the heat. That is, BlackRock is beginning to lose money. Big money. First, West Virginia announced that all state-run pension plans would divest the divestors of BlackRock (see WV Ends Business with 5 Banks