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GOP lawmakers accuse investment firms of breaking a law that prohibits divesting from oil and gas

At a senate committee hearing in Marshall, Texas Republican lawmakers accused investment firms of pulling back on fossil fuels, running afoul of a 2021 law that prohibits the state from contracting with or investing in companies that “boycott” oil, natural gas and coal companies.

Pumpjacks at sunrise in the Permian Basin in West Texas.

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