Investment is supposed to take on a new, more humane dimension. Sounds good, but watch for “bait and switch.” Paul Mueller of AIER explains what “Environmental, Social, and Governance” criteria mean. “ESG advocates want to reshape the world in profound ways—from how we travel and heat our homes to what businesses must prioritize and whom…
Tag: ESG
Links: Electric Bus Co. Enters Bankruptcy, John Stossel Interviews Judith Curry, and More
- John Stossel writes about how scientist Judith Curry learned some hard lessons about climate change activists.
- Electric bus manufacturer Proterra, earlier touted by White House, files for Chapter 11 bankruptcy.
- Ben Zyker: “The IEA and congressional opponents of fossil fuels are chasing windmills.”
- ESG—investing standards for “environmental, social, and governance”—are fostering inequality in Africa and other nations.“
What You Should Know about the Latest Threat to a Free Society
The Heartland Institute has published a study of ESG—the environmental, social, and governance movement increasingly adopted by companies and investors. Jack McPherrin calls it “one of the gravest threats facing the free societies of the world today.” “At its core, ESG is a social credit scoring system that ideologically aligned elites and subservient bureaucratic authorities…
A Weak Defense of ESG in Investing
Two writers on the Harvard Business Review blog claim that ESG (that is, adding environmental, social, and governance criteria to investment decisions) is not bad when you stick to the straight and narrow: identifying material risks from non-financial criteria. “To us, ESG is simply about identifying material risk factors that matter to company profitability and…
Friday Links
- “Climate alarmism is tyranny with green wrapping, delivered with terror.”
- Colorado River Indian tribes can now lease their water to drought-stricken users.
- Senators challenge Department of Labor’s decision to let pensions use ESG (environmental, social, and governance) criteria in investing.
- “The nail in the coffin?” The Biden administration blocks a potential gold and copper mine in Alaska.
- Fish and Wildlife Service knew predictions for Antarctica ice were flawed but used them to list the emperor penguin as a threatened species, says Susan Crockford.
Despite a Warning from the Supreme Court, SEC Proceeds with Its Over-Arching Climate Rule
Rupert Darwall, writing in The Hill, warns that the SEC’s rule on climate change disclosures, still in the proposal stage, is a wolf in sheep’s clothing. The rule would require companies to disclose any material impacts of climate change or climate-change regulation on their business. In addition, it would require companies to disclose all their…