Last week, attorneys general from 21 states sent asset managers at 53 financial institutions one of those legal-seeming letters meant to scare people when the person sending them doesn’t actually have a case. It’s the latest move in the robustly-funded, now years-long campaign to make Wall Street deny the impacts of climate change and pretend fossil fuel companies are still good investments, even though the long-term profitability of the fossil fuel industry is in direct conflict with the long-term sustainability of human civilization on this planet.
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