One of the most pernicious trends of our day is the employment of environmental, social and governance (ESG) criteria in investing. Former Vice President Mike Pence writes at Real Clear Markets: On Wall Street, major investment firms are rating companies based on their adherence to left-wing environmental, social and governance (ESG) values. Like the social credit scores issued by the Chinese Communist Party, a low ESG score can be devastating,
The Democrats Inflation Reduction Act $739 billion boondoggle will have nightmarish consequences for years to come, assuming it is actually implemented. Half of the bill s total spending, $369 billion, is devoted to energy and climate. This spending, largely devoted to subsidizing wind and solar energy, is intended to hasten an alleged transition from fossil fuels to green energy sources. In fact, no such transition is taking place. The gap between
Duke Energy says it has a plan to cut carbon emissions 70% by 2030, relative to 2005 levels. However, experts on both sides of the debate have reservations about Duke’s proposals being presented in a series of public hearings this summer. Duke was required to draw up a long term plan in a law, House
This essay by a disillusioned environmentalist is one of the best, and most honest, pieces I have seen in a long time. It can t have been easy to write: I wasted 20 years of my life chasing utopian energy. Here are some highlights, but please do read it all: y 2008, I started to see cracks in my beliefs. The Obama administration had earmarked billions of dollars in federal funding