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Blackrock, State Street, Vanguard sued by Republican states over climate accords

  • A federal lawsuit has been filed by 11 Republican attorneys general against BlackRock, Vanguard, and State Street for alleged antitrust violations related to coal supply.
  • The lawsuit accuses these companies of pressuring coal firms to lower carbon emissions, which the states claim are anti-competitive practices.
  • Nebraska Attorney General Mike Hilgers stated that the companies are accused of 'weaponizing' their shares, while State Street described the lawsuit as 'baseless.
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21 Articles

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ROCKETCITYNOWROCKETCITYNOW

Alabama AG, other Republicans sue investment firms over ‘woke’ climate action efforts

Alabama Attorney General Steve Marshall said in a statement last week that the companies “invest as activists, not dispassionate fiduciaries.”

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alabamareflector.comalabamareflector.com

Alabama AG, other Republicans sue investment firms over ‘woke’ climate action efforts • Alabama Reflector

The Lawrence Energy Center in Kansas burns coal for electric power. A federal lawsuit filed by 11 Republican attorneys general claims institutional investors BlackRock, Vanguard and State Street committed antitrust violations to lower supply and increase the cost of coal. (Jill Hummels/Kansas Reflector)This story originally appeared on Kansas Reflector. Major institutional investors have artificially lowered coal production and raised energy cos…

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News and TribuneNews and Tribune
+3 Reposted by 3 other sources

Republican AGs sue BlackRock, other investment firms over ‘woke’ climate action efforts

Major institutional investors have artificially lowered coal production and raised energy costs for consumers in an effort to lower global carbon emissions, a federal lawsuit claims.

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thepeoplesvoice.tvthepeoplesvoice.tv

Investment Giant Vanguard Issues AI Warning

The chief economist of American asset management giant Vanguard has warned that market players betting “wildly” on the technology are risking a correction. According to the Financial Times, investor enthusiasm for AI equities in the [...] The post Investment Giant Vanguard Issues AI Warning appeared first on The People's Voice.

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U.S. NewsU.S. News

BlackRock, Vanguard, State Street Sued by Republican States Over Climate Push

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.

·New York, United States
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Nebraska ExaminerNebraska Examiner

Hilgers, other GOP AGs sue BlackRock, other investment firms over ‘woke’ climate action efforts

Major institutional investors have artificially lowered coal production and raised energy costs for consumers in an effort to lower global carbon emissions, a federal lawsuit claims. Republican attorneys general in

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Bias Distribution

  • 68% of the sources lean Left
68% Left
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ESG Dive broke the news in on Monday, December 2, 2024.
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