Two bills that were advanced by the Texas Legislature this week attempt to protect the state’s oil and gas industry from efforts to reduce greenhouse gas emissions.

The House on Tuesday gave its final approval to Senate Bill 13, which would require state entities — including state pension funds and Texas’ massive K-12 school endowment — to divest from companies that cut ties with or “boycott” fossil fuel companies. The legislation bites back at some Wall Street investors that have pulled financial support for the oil industry in an effort to curb carbon emissions that contribute to climate change.

“Oil and gas is the lifeblood of the Texas economy,” state Rep. Phil King, R-Weatherford, said on the House floor Monday. “In the world of capital, there’s a movement to deny funds to businesses that will not sign on to extreme anti-fossil fuel policy.”