Democratic state activists are working to decarbonize trillions. They don’t need Joe Manchin’s permission
The Nation reports: Republican state leaders are on the warpath against BlackRock, the largest financial asset manager in the nation. The company’s sin? Statements by BlackRock leadership that climate change is a long-term threat, and that the company will pursue investments that promote a reduction in emissions. In January, West Virginia declared that it was barring the company from managing its state pension funds. Texas passed legislation in February prohibiting any firm divesting from fossil fuels from managing state assets….