Texas Republicans Bear Down on Wall Street Over Its Embrace of Climate Policies
- Blackstone, Goldman among firms targeted by state comptroller
- Texas officials want to root out firms they deem anti-energy
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Texas Republicans are intensifying their campaign against Wall Street’s embrace of sustainable investing.
State Comptroller Glenn Hegar is demanding that more than 140 financial firms disclose their climate policies -- and whether they restrict or prohibit doing business with energy companies. The firms include private equity giants such Blackstone Inc. and Apollo Global Management Inc. and lesser-known players like Angel Oak Capital Advisors.