Anti-ESG Laws in Florida, Texas Draw Ire of House Democrats (1)

Democrats on the House Judiciary Committee are seeking information about the financial effects of anti-ESG state laws in Florida and Texas.

Letters sent Monday to state officials by ranking member Jerry Nadler (D-N.Y.) and Rep. Lou Correa (D-Calif.) ask for details about the impact to taxpayers of laws that penalize companies for their use of environmental, social, and governance factors, such as addressing climate change.

Florida and Texas have been at the forefront of a push by some Republican-controlled states to prohibit pension investments or impose other restrictions against businesses deemed to discriminate against the oil and gas and other ...