House GOP Pushes Back on Radical ESG by BlackRock, Others
As we point out in another story today about Olympus Energy selling its "responsible gas" via a deal with Tenaska, what the left means by ESG (Environment, Social, Governance) and what the shale industry means by ESG, are two different things. When companies like BlackRock talk about forcing the companies they invest in to toe the line with respect to ESG, it means forcing those companies to divest from fossil energy. Republicans in the U.S. House of Representatives are pushing back hard against investor ESG nonsense because it threatens the retirement funds of this country's massive middle class.
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