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By Thomas Catenacci
Daily Caller News Foundation
A coalition of 15 states announced a commitment to scrutinize future business with banks that divest from the fossil fuel industry.
The coalition of top state financial officers, formed by West Virginia State Treasurer Riley Moore, collectively represents more than $600 billion in public assets under management, according to the announcement. The officials wrote a letter to banking industry leaders Monday, warning that they would begin considering institutions’ boycotts of fossil fuel companies before awarding state contracts.
“Reckless attacks on law-abiding energy companies cut off paychecks for workers and take food off the tables of hard-working families,” Moore and the other officials wrote. “The Biden Administration has resumed these attacks by attempting to ban energy exploration on public lands and reportedly pressuring U.S. banks and financial institutions to limit, encumber, or outright refuse financing for traditional energy production companies.”
“These misguided political schemes have impeded economic growth, driven up consumer costs, and regressed our country to foreign energy dependence,” the letter continued.
The fossil fuel industry provides jobs, health insurance, infrastructure and quality of life to Americans nationwide, they added.
Since taking office, President Joe Biden has blocked major pipelines, ditched oil drilling projects, introduced sweeping regulations and banned new oil and gas leases on federal lands. His administration is also pushing the Build Back Better Act, the budget bill passed by the House last week that includes several green energy handouts and a tax on methane emissions.
In August, the Treasury Department issued guidance saying the U.S. would oppose multilateral development banks’ involvement in future fossil fuel projects, a move applauded by environmental activists. Moore and the other financial officers said the move would cede future development “Chinese interests.”
“Woke capitalists and globalist actors have been using the guise of climate change to press for anti-American reforms that reduce our country’s competitiveness against hostile nations like Russia and China,” Moore said in a statement.“As a result, in less than a year our country has gone from energy independence to having a President who is begging OPEC and Russia to pump more oil,” he continued. “It’s time we fight […]
One Sick Day Proves We Need More Voices in Truthful Media
On October 19, I was sick. It crossed my mind that I had finally gotten the ‘rona, but my wife’s cream of chicken soup and a few extra hours of sleep into mid-afternoon had be back up and running after a sleepless night before.
When I finally stumbled over to my computer in the evening, I was met with a deluge of concern from readers. They asked what had happened as only one article had been posted that day. Generally, we post between 10-20 daily between all of the sites, not included curated and aggregated content. Seeing that we’d only posted my super-early morning article before taking the rest of the day off had readers assuming the worst.
We have a wonderful and talented group of writers who volunteer their time for the sites and their readers. Sharing their amazing perspectives has always been a blessing to us because we cannot afford to hire anyone at this time. But having great writers is meaningless if we don’t have great editors, or at least one additional. My wife helps me read and edit stories from time to time, but I’m a one-man show when it comes to getting the stories posted.
Whenever I highlight our desperate need for donations, I note that we do not receive money from Google ads even though most in conservative media are beholden. I often ambiguously note that the money donated will help us grow. Today, I’m highlighting a specific need. We must get an editor to help take some of the load and to expand on our mission of spreading the truth to the world. One sick day proved that.
The great news is that there is no shortage of people who CAN help. I am emailed variations of resumes every week by people who are much smarter than I am. As much as I’d love to hire some of them, we simply cannot. That takes money and as blessed as we’ve been to receive donations and collect ad money (though not from Google or Facebook), we have still fallen short.
Those who have the means, PLEASE consider donating. We have the standard Giving Fuel option and people can donate through PayPal. We are also diving into what we believe is extremely disruptive technology at LetsGo.finance, the world’s first major donation portal for crypto. I’ll be talking a lot more about them in the near future. Those who prefer Bitcoin can send to my address here: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8
We can get the voices out there and we’re willing to shine a spotlight on new talent. We just need the resources to make it happen. If you can help, we would be extremely grateful.
Thank you and God bless!
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