U.S.: Texas Blacklists Ten Major Financial Institutions Over 'Boycotting' Fossil Fuel Industry

The U.S. state of Texas added ten major financial institutions -- including BlackRock, BNP Paribas, Credit Suisse and UBS -- to a list of banks found to be hostile toward the fossil fuel sector, enshrining a 2021 law requiring the state's pension and school funds to divest from companies ''boycotting'' oil and gas projects, The Wall Street Journal reported Aug. 24....