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Fifteen Republican State Treasurers sent a warning that they will pull assets from financial institutions if they give in to Federal pressure to de-carbonize and “refuse to lend to or invest in” the fossil fuel and coal industry.
The letter (pdf), led by West Virginia Treasurer Riley Moore, is directed at Special Presidential Envoy for Climate John Kerry. It expresses concerns over reports that Kerry and other members of the Biden administration have been “privately pressuring” U.S. banks to stifle the fossil fuel industry.
...
The State Treasurers sent a plain message to financial institutions, telling them not to submit to the present administration’s coercion to deny investment and lending for the natural resources.
Furthermore, they assert that the approaches will “discriminate against law-abiding U.S. energy companies and their employees, impede economic growth, and drive up consumer costs,” adding that the strategy in question would make the free market submit to the will of politicians.
Americans are the enemy of this administration.
Start there and make them prove that they aren't our enemies.
Fifteen Republican State Treasurers sent a warning that they will pull assets from financial institutions if they give in to Federal pressure to de-carbonize and “refuse to lend to or invest in” the fossil fuel and coal industry.
The letter (pdf), led by West Virginia Treasurer Riley Moore, is directed at Special Presidential Envoy for Climate John Kerry. It expresses concerns over reports that Kerry and other members of the Biden administration have been “privately pressuring” U.S. banks to stifle the fossil fuel industry.
...
The State Treasurers sent a plain message to financial institutions, telling them not to submit to the present administration’s coercion to deny investment and lending for the natural resources.
Furthermore, they assert that the approaches will “discriminate against law-abiding U.S. energy companies and their employees, impede economic growth, and drive up consumer costs,” adding that the strategy in question would make the free market submit to the will of politicians.
[/b]Americans are the enemy of this administration.[b]
Start there and make them prove that they aren't our enemies.
If Biden really wants to destroy the oil/gas companies, why doesnt he just release some the 'technologies and inventions that have been suppressed over the years by the Patent office, (using the Invention Secrecy Act of 1951)?
Nothing pisses off the right-wing more than asking them to provide facts.
.
Please provide facts and citations.
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