Offer to a deep red state causes anti-ESG dissolution

Aclahoma’s state treasurer rises concern by law He says he can open the door further for the controversial practice of “environmental, social and management” in the Hlybokaje Red State.

The Senate Bill will make a change to the Law on Elimination of Energy Discrimination of 2022 to pick up the “law” of the law enforcement and submit it to the Prosecutor General’s Office.

Treasurer retains a list of multiple banks that can’t run a business with The Government of Oklahoma When the institution publicly expressed opposition to oil and gas companies.

Critics claim that the formulation in the legislation will reduce the standards necessary in order for the institution to be on the list and how agencies perform it.

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BlackRock logo outside its offices in New York. (Reuters/Brendan McDermid/File Photo)

“The bill actually eliminates the treasurer from the supervision of investment behavior of large financial institutions and proposes to put it within the Prosecutor General’s Office,” said the state treasurer of Oklahoma Todd Rus number – the number of Senate 714. “So, I mean that it is alone.

“As a constitutional officer in the state treasurer in Oklahoma, why do you want anyone who does not have constitutional obligations and obligations, control the financial investment and affairs of the state to be under the treasury and transfer it to another constitutional position?” He continued.

The 2022 state law faces “constant” legal problems, making it unclear. The law is intended in order to avoid supporting institutions that some leaders see as looking for harm to the state energy industry.

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“For many years, these subjects have become very politicized. I mean it is not a financial problem. This is the social agenda they have woven into investment,” Rus said.

“The Oklahoma state does not try to get to the other side. We are concerned solely by the financial indicators and income of our investments, and we do not want people to use it for political leverage.

Governor of Republican Wyoming Mark Gordon has been raising an increase in expenses because oil and gas revenues, and the excess budget leaves the state in an optimal financial situation. (AP Photo/J. David Ake, File)

Business fox In 2023, it was reported that a request for investments in energy investments in numerous banks was requested, and it prohibits banks in the list of participation in key state investments such as pension funds.

Oklahoma Prosecutor General Genner Drammond said: “This bill is only necessary from the gloomy inability of the treasurer to successfully protect the law on discrimination in the 2022 Oklahoma.

“The law prohibits state contracts and investments in the pension system with financial institutions that discriminate against the oil and gas industry.”

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Republican State Sen. Dave Rader, The Bill’s Sponsor, Told Fox News Digital In An Email He Plants On Making Some Amendments To The Legislation, Including “Further Clarifying The Definition Of BoycotT Energy Company to Include Voting Voting Voting Voting Voting Voting Proposals Which Penalize or Inflish Harm, Adding Legislative Intent to Make Clear that the purpose of the bill is to protect retirement systems, eliminate the word ‘predominal’ in the definision out MAKE CLEAR that any action Pro-ESG is acceptable (and) eliminates the inclusion of transaction costs when determining a loss that is supposed to keep the delay for an indefinite period. ”

However, the proposed amendments to the Reder in the email have not yet become official, according to the website of the legislative body of Oklahoma, which shows the legislative text.

The legislation should be voted in full Senate by March 27 before potentially heading to the State House of Representatives.