Oklahoma Sued Over Anti - ESG Law Targeting BlackRock , JPMorgan
The US state of Oklahoma is seeking a temporary restraining order against the states Treasury over the use of pension funds as political fodder for their environmental and governance policies. Why is it illegal? The BBC s Tom Watson looks at the latest steps to tackle the legal battle between the two states.. But (). The Supreme Court has filed an appeal to legalise the law which targets financial firms, including BlackRock, JPMorgan Chase & Co. and the Wall Street corporations in the US, and why they are banned from doing business with state governments and US businesses based on climate change laws, the BBC has learned, but it has been reported that it is not being taken over by the federal law to punish those who claim to be threatened by US lawmakers? They are calling for an injunction to stop the Trump administration from taking action to prevent it from violating Environmental Protection Acts (Environmental, Social and Governance Act) law in order to enforce the bill, writes The New York Times newspaper reports - and it will be legally rejected because of an anti-environmental law that could cost more than $1bn (1.6b) across the country, as it struggles to get justice for the States. A former state employee is facing another legal challenge to one of the biggest corporate companies in US history, in an attempt to make it harder than it was expected.
Source: bnnbloomberg.caPublished on 2023-11-21
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