Thirteen attorneys general and Consumers’ Research on Tuesday filed two motions to the Federal Energy Regulatory Commission (FERC) to stop Vanguard from purchasing shares in publicly traded utilities.
Coal that will be burned to generate electricity moves down a conveyor belt at the American Electric Power Co. coal-fired John E. Amos Power Plant in Winfield, West Virginia, U.S., on Wednesday, July 18, 2018. American Electric Power Co., Duke Energy Corp.
Kentucky Attorney General said in a written statement that Vanguard’s commitment to net-zero emissions requirement for public utilities would only hurt consumers: We took this action on behalf of American energy consumers because time and time again we see massive wall street firms pretending to “passively” manage their shares, but instead they use those assets to bully utility companies into adopting radical left-wing policies that drive up electric bills and risk the stability of our power grid. Affordable, reliable energy production is the foundation of America’s economy and the quality of life we enjoy.
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Florida, DeSantis yank billions in investments from 'woke' BlackRock over ESG investingFlorida is yanking $2 billion worth of state assets managed by BlackRock, escalating the GOP standoff with the world’s largest money manager over its ESG investment policies.
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