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The “war on coal” has long played a role in Montana Attorney General Austin Knudsen’s pro-fossil fuels messaging, but a conservative nonprofit with secretive funding sources has recently been circulating ads suggesting the two-term Republican AG is fighting from the wrong foxhole.
Ads by 60 Plus Association target Knudsen for suing the asset management firms that invest in the coal industry, namely State Street, BlackRock and Vanguard. The latter two are the largest shareholders in NorthWestern Energy, Montana’s largest monopoly uti