The Woke Street Journal
BlackRock ESG Fund Hit by $1.5 Billion of Investor Outflows-Bloomberg
Almost $1.5 billion was pulled from the iShares MSCI USA ESG Select ETF (ticker SUSA) in the past four trading sessions, according to data compiled by Bloomberg. The outflows have reduced the fund’s assets to $3.8 billion.
Making ESG a Crime-Bloomberg
Republican lawmakers in New Hampshire are seeking to make using ESG criteria in state funds a crime in the latest attack on the beleaguered investing strategy.
Representatives led by Mike Belcher introduced a bill that would prohibit the state’s treasury, pension fund and executive branch from using investments that consider environmental, social and governance factors. “Knowingly” violating the law would be a felony punishable by not less than one year and no more than 20 years imprisonment, according to the proposal.
The Virtue Economy Is Over-Financial Advisor
For the last few years, the ESG movement has affected both how people invest and what they buy. Now the acronym (it stands for environmental, social and governance) is becoming a “dirty word.” Companies are scrubbing it from their websites, and CEOs are no longer mentioning it in their speeches. And if there is an acronym that sparks even stronger feelings than ESG, it is DEI (which stands for diversity, equity and inclusion, and is part of the S and G in ESG). Depending on your view, DEI is either a cure for America’s structural racism or proof that the fight against it has gone too far. In either case, its power is also fading; firms facing narrowing profit margins are cutting jobs in DEI departments.
Good news on an issue we have been following. Attorney General Reyes Announces ESG Victory as NYSE Withdraws Proposed NAC Rule-Utah.Gov
I ardently commend the NYSE for withdrawing this ill-advised and illegal rule change and listening to the concerns of this coalition of 25 attorneys general regarding the dangers of Natural Asset Companies.
This is a resounding win for our states and our constituents, as we protect access to multiple legal, productive, and responsible uses of our lands and other natural resources.
As AGs, we will continue to defend our state lands, liberties, and people against unreasonable and unlawful activist ESG actions that attempt to circumvent Congress and subject the American people to a radical political agenda.
Jordan Peterson said Tuesday he would have no choice but to 'capitulate' to the 'woke mob' who are demanding he undergo remedial social media training
The controversial psychologist and commentator said the College of Psychologists had won this battle, but he will keep fighting
Amid National Backlash, Colleges Brace for Fresh Wave of Anti-DEI Legislation-Chronicle of Higher Education
The Chronicle has identified at least 19 bills that will be considered in the coming months that seek to ban the employment and funding of diversity, equity, and inclusion offices; the use of pledges by faculty and staff to commit to creating a more inclusive environment on campus, commonly known as diversity statements; mandatory diversity training; and identity-based preferences for hiring and admissions.
And you figured Florida would be in there. Florida restricts funding for DEI in state colleges, replaces ‘woke’ sociology course with US history Signing of SB 266 in May ‘23 led to rule change-Click Orlando
The Florida Board of Education on Wednesday implemented new regulations that it says will restrict the use of public funds for Diversity, Equity and Inclusion programs within Florida College System institutions, according to a news release.
Double whammy, your climate change hypothesis looks a bit shaky while your EV stops working. Electric Car Owners Confront a Harsh Foe: Cold Weather In freezing temperatures, the batteries of electric vehicles can be less efficient and have shorter range, a lesson many Tesla drivers in Chicago learned this week. -NY Times
Not sure your problem, that’s what it was intended to do. The Green Investor Calling Out Biden’s Climate Law for Enriching Bankers and Consultants-Bloomberg
Impax Asset Management, which hailed the Inflation Reduction Act as a game changer shortly after it was unveiled in mid-2022, now says the legislation has too many built-in hurdles that are delaying implementation and enriching middlemen while leaving less money for green projects.
Interesting. 14 House Democrats Vote To Denounce Biden Admin’s ‘Open-Borders Policies’-Daily Wire
Wow. Jamie Dimon Admits Trump Was Right About Key Issues, Warns Liberals Their Shame Tactics Will Backfire-Daily Caller
Guess she doesn’t agree. MSNBC’s Reid: Trump Voters Have ‘Racial Anxiety’ — They ‘Want Revenge’-Breitbart
A Seattle high school teacher has been slammed for allegedly blasting a student who labelled himself 'straight' - telling the boy to use a less 'offensive' term.
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