Texas Public Policy Foundation praises Kentucky Treasurer for fighting against discriminatory investing

World Oil Staff January 09, 2023

AUSTIN — On Jan. 6., the Texas Public Policy Foundation praised Kentucky Treasurer Allison Ball for fighting to protect Kentucky’s energy industry against ESG investing. By pulling state funds from investment funds that boycott fossil fuel companies at the expense of investors, Kentucky joins states such as Florida and Texas which are standing up to "woke" investment strategies.

“We applaud Treasurer Ball for fighting against collusion by major financial players to gut businesses for political reasons,” said Jason Isaac, director of TPPF’s Life:Powered initiative. “By divesting state funds from these financial institutions, Kentucky will ensure that their pension investments are not being weaponized at the expense of its citizens or its businesses.”

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