The Federalist Kentucky Republican State Treasurer Allison Ball put nearly a dozen financial firms on notice that they may be subject to divestment for boycotting fossil fuels.
On Tuesday, Ball named 11 financial institutions that will have to choose between managing taxpayer assets well or their continued animosity toward American energy.
âWhen companies boycott fossil fuels, they intentionally choke off the lifeblood of capital to Kentuckyâs signature industries,â Ball said in a press release. âTraditional energy sources fuel our Kentucky economy, provide much needed jobs, and warm our homes. Kentucky must not allow our signature industries to be irreparably damaged based upon the ideological whims of a select few.â…
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