Texas’ anti-ESG stance is costing municipalities millions in extra interest payments ...Middle East

Quartz - Economy
Texas’ anti-ESG stance is costing municipalities millions in extra interest payments
source : Quartz ( Middle East ) () 78
In 2021, the Texas legislature prohibited any cities or towns in the state from using banks that limit financing for the oil, gas, or gun industries. As a result, five major municipal bond underwriters, representing more than a quarter of all competitive-bid municipal bond offers in Texas, withdrew from the state.Read more...

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