The move to exclude financial institutions from state business is part of a growing effort by Republican officials to shut out companies that are backing away from fossil fuels.
Saudi Arabia's oil giant Aramco is stepping up efforts to promote initiatives in hydrogen technology and investments to reduce carbon emissions, after a harrowing investor smackdown for Big Oil.
Morgan Stanley, Walmart and others at NYC's climate week make new vows to cut carbon emissions. Meanwhile General Electric announced it will no longer build new coal-fired power plants.
Major banks play a major role in financing environmental damage. International banks including JPMorgan Chase, Wells Fargo, the Royal Bank of Canada, and BNP Paribas are among the top providers of financing to the fossil fuel industry
Wall Street banks make progress on climate change finance, but a group of big investors representing $1 trillion warn Federal Reserve Chair Jay Powell of systemic market risks.
