Texas suit alleging anti-coal "cartel" of top Wall Street firms could reshape ESG
Republican legal actions allege major asset managers formed an investment cartel to suppress coal production and influence energy markets, chilling corporate ESG commitments.
Feds back GOP states in climate case alleging BlackRock, other fund giants conspired to lower coal output
Federal antitrust agencies support accusations against asset managers for allegedly conspiring to reduce coal output, opposing their dismissal arguments.