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BlackRock, BNP Paribas, and Credit Suisse are among the list of firms that Texas has just issued that will now be banned from working with the state due to their hostility to the energy industry.

After almost a year of suspense that cost banks business as Texas municipal-bond issuers avoided firms whose status was unclear amid the probe, Bloomberg reports that Glenn Hegar, the Republican state comptroller, on Wednesday named the firms he will prohibit from entering into most contracts with the state and its local entities after his office found they “boycott” the fossil fuel sector.

BlackRock, BNP Paribas, and Credit Suisse are among the list of firms that Texas has just issued that will now be banned from working with the state due to their hostility to the energy industry. After almost a year of suspense that cost banks business as Texas municipal-bond issuers avoided firms whose status was unclear amid the probe, Bloomberg reports that Glenn Hegar, the Republican state comptroller, on Wednesday named the firms he will prohibit from entering into most contracts with the state and its local entities after his office found they “boycott” the fossil fuel sector.

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[–] 2 pts

Somehow, I don't think any of those companies will be going broke anytime soon.

[–] [deleted] 3 pts

Banning them won't harm them, but will help Texas energy businesses.

BlackRock, BNP Paribas, and Credit Suisse are among the list of firms that Texas has just issued that will now be banned from working with the state due to their hostility to the energy industry.

After almost a year of suspense that cost banks business as Texas municipal-bond issuers avoided firms whose status was unclear amid the probe, Bloomberg reports that Glenn Hegar, the Republican state comptroller, on Wednesday named the firms he will prohibit from entering into most contracts with the state and its local entities after his office found they “boycott” the fossil fuel sector.

[–] 0 pt

Banning them won't harm them,...

I disagree. That's like saying;

Removing kikes from that small Guatemalan (I think) village won't hurt them...

It does. Maybe not gravely but it opens more and more eyes which end sup being disastrous. I think this is similar.

[–] 2 pts

Don't matter none at all. Every little bitchslap counts. It shows these corporations that their actions have at least some consequences, and no leftist likes pushbacks. As has been suggested, it emboldens others to do the same. If enough join in, you have a resistance movement in formation, and that scares commies bigtime.