Texas regulator applauds state Board of Education for cancelling $8.5 billion contract BlackRock
(WO) – Following news that the Texas State Board of Education (SBOE) and Chairman Aaron Kinsey would terminate an $8.5 billion contract with BlackRock, Texas Railroad Commissioner Wayne Christian applauded the SBOE’s decision, which protects Texas' Permanent School Fund and classrooms across the state, and said the following:
“Texas state leadership continues to land blows to BlackRock and woke financial corporations pushing a pro-ESG/anti-fossil fuel agenda!” said Commissioner Wayne Christian.
“Our great state should NOT be doing business with a financial institution that wants to end oil and gas, brainwash kids to hate fossil fuels, and jeopardize our energy freedom. As the 9th largest economy in the world with businesses regularly relocating headquarters to the Lone Star State, I’d suggest to BlackRock and other woke Wall Street firms to wake up and realize that fossil fuels aren’t the enemy that radical environmentalists have portrayed them to be. I want to give kudos to Chairman Kinsey, Tom Maynard, Julie Pickren and the other SBOE board members, who continue to defend the values and resources that make Texas, ‘Texas’.”
In November 2024, Commissioner Christian encouraged and celebrated SBOE’s rejection of anti-oil and gas school materials and promotion of oil and gas’ benefits.
