Buy Woke, Go Broke: The Failure of ESG Investing
Buy Woke, Go Broke: The Failure of ESG Investing by Tilak Doshi Terrence Keeley is a long-time ESG practitioner who until recently headed the official institutions group in the world’s largest asset manager BlackRock advising sovereign wealth funds, central banks, finance ministries, and public pension funds. He claimed in 2022 that “ESG investing could well be […]
Washington state pressing utilities to tack on a ‘social cost of carbon’ to electricity prices – But ‘the social cost of carbon is entirely bogus’
Washington state starts pressing utilities to tack on a “social cost of carbon” to electricity prices. What you need to know: 1. The “social cost of carbon” (SCC) is entirely bogus. 100% of our society depends on fossil fuels. 2. The social benefit of carbon is huge — I… pic.twitter.com/yLC8us0Bzd — Steve Milloy (@JunkScience) September […]
ESG forces paid researcher $6,800 to manufacture a ‘study’ showing anti-ESG laws are bad – But researcher admitted he actually ‘knows almost nothing about’ ESG
ESG CORRUPTS ACADEMIA: ESG forces paid Dr. Travis Roach about $6,800 to manufacture a “study” showing that anti-ESG laws are bad. But in this private email he admits he actually “knows almost nothing about” ESG. Yet his “study,” legitimized by his supposed “expertise,” was… pic.twitter.com/wi2nulCVAP — American Accountability Foundation (@ExposingBiden) July 8, 2024
‘You are evil,’ GOP lawmaker says to ‘climate-conscious’ investors – GOP House members allege a ‘climate cartel’ of investors & advocates are colluding to force companies to address ‘climate change’
https://subscriber.politicopro.com/article/eenews/2024/06/13/you-are-evil-gop-lawmaker-barks-at-climate-conscious-investors-00163050?source=email CLIMATEWIRE | House Republicans are accusing at least 15 powerful financial firms and advocacy groups of colluding to force major companies to address climate change and reduce fossil fuel production — harming consumers in the process. “You are evil,” Republican Rep. Harriet Hageman of Wyoming told group leaders Wednesday during a House Judiciary subcommittee hearing. […]
Top Biden Bureaucrat Consulted With Eco-Activists To Justify Infusing Social Justice Into Wind Program
https://dailycaller.com/2024/04/29/biden-boem-environmental-activists-justice/ By NICK POPE A senior Bureau of Ocean Energy Management (BOEM) official consulted climate activists about finding legal justification for the agency’s push to get developers to invest in “underserved communities,” according to communications obtained by Protect the Public’s Trust. Marissa Knodel, a senior adviser at BOEM who formerly worked for eco-advocacy group Earthjustice, sought the […]
Climate alarmists are warned that banks won’t play their part in ‘net zero’ commitments
Climate alarmists are warned that banks won’t play their part in “net zero” commitments BY RHODA WILSON The financial industry’s initial rush to commit to net zero carbon footprints at the 2021 COP26 summit in Glasgow has hit a reality check. Banks that pledged to reduce financed emissions and invest billions in “green” and “sustainable” deals […]
Top US Banks Flee Left-Wing Climate Coalition Ahead of Legal Battle – ‘Blow to corporate environmental activism policies’
https://freebeacon.com/energy/top-us-banks-flee-left-wing-climate-coalition-ahead-of-legal-battle/ By Alana Goodman America’s largest investment banks are fleeing a left-wing climate coalition ahead of a pending antitrust lawsuit against the group, in the latest blow to corporate environmental activism policies. JP Morgan Chase, BlackRock, and State Street Advisors have all dropped out of the Climate Action 100+ network, a United Nations-backed coalition of […]
Good News! ESG disaster hits BlackRock! Layoffs coming on ESG pullback – Could put as many as 600 employees out of work
SCOOP: More bad news for @BlackRock; @FoxBusiness has learned that the world's largest money manager is planning a significant round of layoffs as early as next week. Said to be less than 1,000 of the firm's 19,000 employees. Move comes as its once high-flying ESG biz has faced… — Charles Gasparino (@CGasparino) January 6, 2024 […]
Climate Activists Using ESG to Try an ‘End Run Around Democracy,’ Conservative AG Warns
Climate Activists Are Trying an ‘End Run Around Democracy,’ Conservative AG Warns By Tyler O’Neil The environmental, social, and governance movement is attempting an “end run around democracy” by forcing companies to adopt climate policies without passing any legislation, warns Tennessee Attorney General Jonathan Skrmetti. While ESG “is not entirely bad as a concept,” Skrmetti, a […]
‘It’s finished!’: IEA boss Faith Birol says COP28 bid farewell to fossil fuels – ‘200 countries have signed a document to say goodbye to fossil fuels’
‘It’s finished!’: IEA boss says COP28 bid farewell to fossil fuels –
International Energy Agency chief Fatih Birol: “Two hundred countries have signed a document to say goodbye to fossil fuels. The direction of travel is extremely clear. There is no way to change it now. Too late, it’s finished!”
UN climate summit “gave an unmistakable signal to investors that if you continue to invest in fossil fuels you may well have serious business risks…”