Oklahoma energy producers push back on Biden admin, 'woke' lenders putting squeeze on bank accounts
Fox News
Oklahoma politicians and leaders within the fossil fuel industry have stepped up to combat what they believe is overreach by the federal government through ESG.
The release comes after Russ announced a crackdown earlier this year on lenders that violate Oklahoma's new anti-ESG law, which is designed to punish companies who discriminate against fossil fuel industries. Michael Lee is a writer at Fox News. Follow him on Twitter @UAMichaelLee
ESG financing has become increasingly controversial in recent years, with major financial institutions leading a charge that have cut off traditional energy producers from vital sources of capital. ESG investing uses non-financial standards such as a company's environmental or social impact in financial decision-making
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