Oklahoma Judge Blocks Anti-ESG State Law

A judge in Oklahoma, a major oil and gas producing state, blocked a state law prohibiting state pension systems from contracting with more than a dozen companies that limit investment in the oil and gas industry.

In a filing Tuesday, Oklahoma County District Court Judge Sheila Stinson issued a temporary injunction blocking enforcement after finding retiree Don Keenan is likely to win his lawsuit alleging the law violates the state constitution, and is too vaguely written, Reuters reported.

Oklahoma’s 2022 law is among dozens of GOP-sponsored bills that aim to free fossil fuel companies from climate-driven constraints adopted by some Wall Street firms, Reuters reported.

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