At that meeting in San Diego, members of Alec’s energy taskforce voted to promote the model legislation requiring banks and financial companies to sign a pledge to not boycott petroleum companies in order to obtain state contracts. The wording closely resembles that of laws drafted by Alec and adopted in more than 30 states to block support for the Boycott, Divestment and Sanctions (BDS) movement against Israel’s oppression of the Palestinians…
Jason Isaac, a former Texas state legislator who now heads TPPF’s initiative to defend the oil industry, sent a memo to participants in the Alec meeting in San Diego in which he criticised “woke” banks and other financial institutions he accused of “colluding to deny lending and investment in fossil fuel companies.”
“The following model policy is based on anti-BDS legislation supported by ALEC regarding Israel and was recently passed in Texas to include discrimination against fossil fuels. Voting for this model policy, and encouraging more state legislatures to adopt it, will send a strong message that the states will fight back against woke capitalism,” the memo said, which was obtained by Alex Kotch of the Center for Media and Democracy.