Last week, it was announced that West Virginia’s treasurer, Riley Moore, will be making moves to stop major financial institutions from doing business in the state due to their stance on ESG and lack of support for the coal industry. This is a bold move and one that shows that coal companies in the state have support.  The New York Times reports: “Goldman Sachs, JPMorgan, Morgan Stanley and Wells Fargo have publicly said they were sharply reducing financing for new coal projects, while BlackRock has been reducing its actively managed holdings in coal companies since 2020.” Coal is a huge part of…

Energy-rich states are bracing for impact on what a Biden-Harris presidency would mean for the oil and gas industry. Biden who said in the final presidential debate he would work to “transition from the oil industry,” has made clear with his $2 trillion clean energy proposal that he plans to go big on climate at the very outset. Charlie Burd, Executive Director of the Independent Oil and Gas Association of West Virginia (IOGAWV) since 2002 voiced his worries to WVNews, that a Biden presidency will mean a return to Obama-era energy policies. Needless to say, everyone will be watching closely to…