Left’s Latest Strategy to Halt Fracking is to Use the Bond Market

As we so often say, the left's creativeness in their quest to destroy fossil energy (the thing that makes civilization possible) never ceases to amaze us. The left thought it could bully investors into divesting from fossil energy companies using ESG (environment, social, and governance) policies. That flamed out. They tried to force Big Banks to abandon loans for fossil energy companies. Yeah, that's down the tubes, too. But, once again, they're baaaaaack! This time, the left is pushing something called Sustainability-Linked Bonds (SLBs). The plan is to entice (force, coerce, bully) national oil companies (NOCs) and public development banks (PDBs) to use SLBs, which force NOCs to phase out fracking "transition" to the renewable energy business. Yeah, here we go again with the transitioning bullcrapus.

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