(The Center Square) – A new report says BlackRock, the world’s largest investment firm, is still acting against fossil fuel companies in violation of Texas law, even though the company was recently removed from the state’s boycott list.

Texas passed a law in 2021 called Senate Bill 13. It’s aimed at preventing financial companies from punishing or limiting business with fossil fuel producers if the reasons go beyond what federal or state law requires. The goal is to protect Texas energy jobs and companies from pressure tied to environmental activism.