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Transcripts for MSNBC All In With Chris Hayes 20211209 08:56:00

So the mental frame that they are trying to evoke here is, if you are trying to do things as a private entity or government to get off fossil fuels, that is discriminatory. similar to that it is anti-israel or antisemitic to boycott that sort of the intellectual lineage, and what would the legislation do? yes, you re exactly right. this comes up as a couple of various places. it has passed in a number of states, and the legislation itself would really require companies or require controllers at the state level to create and maintain a list of financial companies which are boycotting energy companies. and so this was voted on unanimously and would require a pretty huge administrative lift. for places in the state. they don t have a ton of resources to do something like this. but they would be required to ....

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Transcripts for MSNBC All In With Chris Hayes 20211209 01:57:00

Companies or require comptrollers at the state level, excuse me, to create and maintain a list of financial companies which are boycotting energy companies. and so this is voted on unanimously and would require, i think, a pretty huge administrative lift for pretty under funded offices in a lot of these states, which, you know, these offices don t have a ton of resources to do something like this but they would be required to divest from companies. so pension funds, right, state pension funds would be required to take out any holders if bank of america got too woke and decided they were going to divest and, you know, take on the fossil fuel industry, which they haven t. they haven t. what s fascinating is there s a what s good for the goose is good for the gander turn about. the climate movement has been putting pressure on firms on pension funds to divest from fossil fuels, oil and gas. the teachers union of california because they see that as a lever ....

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