Costs of States Divesting

Wharton Business School study says Texas anti-ESG stance “raised costs to the public by as much as $532 million in its first eight months.” Economic types applied this analysis to other states that have passed similar laws with the cost increases for financing being up to an additional $70 million in Kentucky, up to $361 million in Florida, and up to $131 million in Louisiana.

Houston Chronicle | Further state-level boycotts of financial firms could come at a steep price