Red State AGs Sue Investors Over Climate Change

Axios reports:

Three of the biggest investment firms in the world were sued by 11 states last week, in a case that not only could transform the way trillions of dollars is managed, but could also hobble global efforts to transition to a sustainable level of carbon emissions. Texas AG Ken Paxton, along with 10 of his colleagues, is attempting to use the U.S. judicial system to forcibly derail the global consensus that investors can and must play an important role in the transition to a net-zero world.

The case has been filed in the Eastern District of Texas, which in turn is overseen by the Fifth Circuit Court of Appeals — a court that has a reputation for politicized and idiosyncratic jurisprudence. The theory of the case is that

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