DES MOINES, Iowa ( IOWA CAPITAL DISPATCH ) - Iowa Attorney General Brenna Bird led a multistate letter Friday questioning whether a new net-zero carbon emissions standard for businesses is illegal under state and federal law.

The letter was sent to David Kennedy, CEO of the Science Based Targets initiative (SBTi), a group that recently released its Financial Institutions Net-Zero standard . This standard is meant to aid financial institutions “in addressing their most significant climate impact through alignment and sector-specific targets,” according to the document, through actions like stopping or limiting investments in new projects related to fossil fuel expansion and addressing deforestation risks in existing investments.

This standard could run afoul of state and federal laws

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