- New study says backlash against ESG investing (using environmental, social, and governance criteria) is having little impact.
- “Climate decision-making through the judiciary suddenly looks more viable than just a few months ago”: David Flemming on Real Clear Energy. That’s not a good thing.
- Senator Marco Rubio wants federal lenders to hold off on requiring tougher energy standards in new homes. He’s trying to add an amendment to the defense appropriations bill.
- Blackfeet Indians have persuaded the Biden administration to cancel oil and gas leases on Montana land they consider sacred.
See EV news:
ESG stands for “environmental, sustainable, governance.” It is a vague standard of corporate conduct that some forces want to use to guide investment. Yes, they want to expand the standards used when selecting stocks beyond financial criteria. Most free-market supporters see this as a violation of traditional standards of fiduciary management. Rupert Darwall of RealClearEnergy…
- Are they going to ban gas stoves? Yes, it seems so.
- No, maybe not!
- Banning fluorescent and incandescent lighting? Yes, it seems so.
- Could a free-market technique—satisfying customers—save curbside recycling?
- EV trash trucks stalled because U.K. city doesn’t have enough chargers.
- Is there a backlash against ESG (and what is ESG, anyway)?
- The Fed, thank goodness, is not going to be a “climate policymaker.” Really?
- Government to crack down on low-level lead fuel (it’s not low enough) in general aviation.
The downside of ESG (environmental, social, and governance) criteria is not getting the attention it deserves from conservatives and libertarians, says David Hoyt in American Thinker. “What the radical Left could not achieve by force with the typical levers of government power, it is now poised to accomplish with nominally public-private enterprise partnerships. This new…
The Securities and Exchange Commission has taken several steps to show it’s serious about requiring companies to meet “environmental, social, and governance” (ESG) standards . . . even though there are no such standards and developing them would be a massive and dubiously useful task. Using its power to require full disclosure of information needed…
The push for ESG (environmental, sustainable, and governance) investing has gone to extreme lengths, reports the Wall Street Journal (the story is behind a paywall). “Now billions of dollars earmarked for sustainable investment are going to companies with questionable environmental credentials and, in some cases, huge business risks,” write Justin Scheck, Eliot Brown, and Ben…