West Virginia says it’s through doing business with five financial institutions that have pledged to fight climate change by reducing funding for fossil fuel projects. The decision announced Thursday by state Treasurer Riley Moore means BlackRock, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo won’t get any banking contracts with West Virginia. The New York Times reports this is the first time a state has cut financial ties with major financial institutions over their policies to lower emissions of greenhouse gases. Moore said, as treasurer of the nation’s number-2 coal producing state, he has a duty to act in the best interest of the state and its people.