Dark Side of ESG – Huge Losses for Investors, High/Regressive Taxes

We have a growing unease about ESG, or "environmental, social, governance" efforts that are popping up like dandelions in springtime. We've spoken about this before. While we applaud the efforts by Marcellus/Utica drillers and pipeline companies (and others in the M-U supply chain) to ensure their businesses are responsible stewards of Mom Earth. Slapping an ESG label on those efforts (as M-U companies tend to do) is NOT what the environmental left is talking about when they use the same term. We see a number of ESG-related stories as we scan the news each day. Over the past few months, we've seen an increase in stories questioning so-called ESG efforts being forced on us by the left. We have several recent stories that plumb the depths of how ESG (as defined by the left) is bad for the U.S.

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