FIRST ON THE DAILY SIGNAL—Tennessee Attorney General Jonathan Skrmetti on Monday sued the investment company BlackRock for deceptive practices.
“BlackRock has said two things that can’t both be true,” Skrmetti, a Republican, told The Daily Signal in an interview Monday. “The first is that they’re taking investors’ money and investing it purely for the purpose of maximizing the return on investment. But they’ve also put out statements saying that they’re committed to net-zero [carbon emissions to combat] climate change by certain dates.”
“They’ve made lots of statements about working to use all of the assets under their management to further the goal of reducing greenhouse gas emissions, and both of those can’t be true,” he added.
In the suit filed in Williamson County Circuit Court, Skrmetti alleges that BlackRock violates the Tennessee…
