The actual impact on Texas taxpayers is hard to predict, said Felix Mormann, a Texas A&M University School of Law professor who studies energy and climate change. He called Wednesdays move a symbolic act by the Comptroller to protest the rise of ESG investing.
A Tale of Three Markets: Comparing the Solar and Wind Deployment Experiences of California, Texas, and Germany, by Felix Mormann, Dan Reicher, Victor Hanna, Ppublished by the Steyer-Taylor Center for Energy Policy and Finance at Stanford Law School.