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      Kentucky Treasurer Allison Ball

      Kentucky's GOP Treasurer Falsely Claims Big Banks Are Boycotting Fossil Fuels

      The Republican threatened to divest from financial institutions including JPMorgan Chase and Citigroup—widely accused of failing to meet even modest climate goals—under a state law banning "energy company boycotts."

      Brett Wilkins
      Jan 03, 2023

      Kentucky's Republican treasurer on Tuesday threatened to divest from 11 financial institutions—including major fossil fuel investors—that she falsely claimed were "engaged in energy company boycotts" in violation of commonwealth law.

      "When companies boycott fossil fuels, they intentionally choke off the lifeblood of capital to Kentucky's signature industries," Treasurer Allison Ball said in a statement. "Traditional 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."

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