Texas blacklists HSBC over new oil and gas funding policy
The same day, Biden used his first veto to reverse a Republic-led anti-ESG bill
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The same day, Biden used his first veto to reverse a Republic-led anti-ESG bill
Insurgent parties are warning that banks' environmental, social, and governance (ESG) policies are being used to penalise certain ...
In today’s Money Morning, big wave surfers try to catch 100-foot waves. Exponential theme investors try to identify big trends to land 100-baggers. Both require luck, skill…and timing.
The year 2022 brings an end to an era of illusions: a year that saw the end of the post–Cold War era and the return of geopolitics; the first energy crisis of the enforced energy transition to net zero; and the year that brought environmental, social, and governance (ESG) investing down to earth with a thump—for the year to date, BlackRock’s ESG Screened S&P 500 ETF lost 22.2% of its value, and the S&P 500 Energy Sector Index rose 54.0%. The three are linked. By restricting investment in production of oil and gas by Western producers, ESG increases the market power of non-Wes...
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero