BlackRock, Citigroup Among Firms Named Fossil-Fuel Boycotters by Kentucky
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Photographer: David Paul Morris/Bloomberg
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BlackRock Inc., Citigroup Inc., and JPMorgan Chase & Co are among 11 financial institutions that are facing pushback from Kentucky after being deemed hostile to the fossil fuel industry.
Kentucky Treasurer Allison Ball put the firms on a “Restricted Financial Institutions” list compiled in accordance with state law, saying they’re engaged in “energy company boycotts.”