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Texas AG vows 'zero tolerance' for illegal boycott of state's oil, gas industry

( February 28, 2025, 20:38 GMT | Official Statement) -- MLex Summary: Texas Attorney General Ken Paxton commended Wells Fargo for abandoning their "anti-energy goal" of achieving net-zero for financed emissions by 2050. In a statement, Paxton said Wells Fargo’s decision came after he opened a review of the bank to determine if it was boycotting certain energy companies and the oil and gas industry. “This is a step in the right direction and yet another victory against the left’s total war on American energy. Under my watch, there will be zero tolerance for corporations who illegally boycott the Texas oil and gas industry. Wells Fargo continues to lead by example by recommitting itself to maximizing returns for investors and discontinuing its anti-energy goals due to our efforts,” said Paxton.Statement follows below:...

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