The Oklahoma Supreme Court ruled that a law requiring state entities to divest from financial companies that have policies deemed hostile to fossil fuel companies is unconstitutional. The court also issued a permanent injunction against state Treasurer Todd Russ, the defendant, to prevent him from enforcing or applying the Oklahoma Energy Discrimination Elimination Act of 2022 to the Oklahoma Public Employees Retirement System. 

 Justice James Edmondson, in his majority ruling available here, wrote: “We conclude Energy Discrimination Elimination Act of 2022 is unconstitutional in its entirety when applied to (the Oklahoma Public Employees Retirement System)”