The American Legislative Exchange Council is an avid supporter of the fossil fuel industry and lobbies state legislatures to pass laws friendly to the industry. One of its primary supporters is Koch Industries. According to Source Watch, “ALEC is a corporate bill mill. It is not just a lobby or a front group; it is much more powerful than that. Through ALEC, corporations hand state legislators their wish lists to benefit their bottom line. Corporations fund almost all of ALEC’s operations. They pay for a seat on ALEC task forces where corporate lobbyists and special interest reps vote with elected officials to approve ‘model’ bills.” For a (long) list of the corporations who support ALEC, please see the Source Watch website…
At a meeting in San Diego, members of the ALEC energy task force voted to promote legislation requiring banks and financial companies to sign a pledge to not boycott petroleum companies…
Jason Isaac, a former Texas state legislator who now heads the TPPF initiative to defend the oil industry, sent a memo to participants at the ALEC meeting in San Diego which criticized “woke” banks and other financial institutions he accused of “colluding to deny lending and investment in fossil fuel companies.”
The memo, a copy of which was obtained by Alex Kotch of the Center for Media and Democracy, went on to say, “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.”