Utah’s treasurer is trying to hold back the economic tide of sustainability

Meanwhile, Utah State Treasurer Marlo Oaks unilaterally pulled $100 million in state funds from the asset manager BlackRock to send them a message. Their offense, in his view, is investing too much in the coming energy technologies and not enough in the existing ones. Needless to say, choosing investments to make a political statement is not the state treasurer’s job. Utah enjoys a stellar reputation as a pro-business state exactly because it does not make a habit of stunts like this.

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