The state of Kentucky announced Tuesday that it may pull funds from JPMorgan Chase, BlackRock and nine other financial firms that “boycott” fossil fuel companies.
Kentucky passed a law in April 2022 that directs the state treasurer to publish a yearly list of banks and asset managers that are found to be boycotting energy companies. Kentucky Treasurer Allison Ball published a list of 11 financial firms that are now subject to divestment under the law unless they change their investment policies within 90 days.
Read More