Group sues Texas over law banning state business with firms “boycotting” fossil fuels
- The American Sustainable Business Coalition sued Attorney General Ken Paxton and Comptroller Glenn Hegar over Senate Bill 13, claiming it violates the First and Fourteenth Amendments.
- The law defines "boycott" as actions against fossil fuel companies intended to inflict economic harm.
- Texas has blacklisted over 370 investment firms, including BlackRock and funds from Goldman Sachs and J.P. Morgan.
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