The Woke Street Journal

Woke capitalism's comeuppance: investments in trendy 'ESG' assets collapsed by $5 trillion in just two years, as Republican backlash and tumbling wind and solar stocks upend the sector-Daily Mail

Matthew Tuttle, CEO of Tuttle Capital Management, which manages 'non-woke' funds, said the ESG sector was a covert vehicle for liberal politics and was ripe for a reckoning.

JPMorgan Chief Addresses the E.S.G. Backlash Mr. Dimon has called the Texas laws bad for business, highlighting the work the bank does to fund schools, hospitals and other businesses.-NY Times

Texas passed two laws in 2021 that limit the state’s work with banks that regulators determine restrict their work in the energy and firearms industries. JPMorgan spent much of 2022 on the sidelines from underwriting municipal bonds in the state.

Or don’t implement it at all. Why ESG Is So Difficult—And How To Implement It Successfully-Forbes

Woke books bought by publishers for hundreds of thousands FLOP after disastrous sales-GBN

Why No One Wants to Pay for the Green Transition Investors and consumers balk at costs of replacing fossil fuels with renewable energy, highlighting painful economics of climate mitigation-WSJ

This year the fantasy ended. With electric vehicle demand falling short of expectations, manufacturers are dialing back production and buying back stock instead. Offshore wind developers have canceled projects. The S&P Global Clean Energy Index has fallen 30% this year. Ford’s market cap is down to $42 billion.

‘Net Zero’ Fails the Cost-Benefit Test As COP28 opens, two new studies show that extravagant climate promises are far more wasteful than useful.-WSJ

While media coverage tends to hype the benefits of climate policy, it plays down the costs, which Mr. Tol’s analysis shows are substantial. Based on the latest cost estimates of emission reductions from the United Nations climate panel, he finds that fully delivering on the 1.5-degree Paris promise will cost 4.5% of global GDP each year by midcentury and 5.5% by 2100. This means that likely climate policy costs will be much higher than the likely benefits for every year throughout this century and into the next. Under any realistic assumptions, the Paris agreement fails a basic cost-benefit test.

Keith Ellison Wants to Run U.S. Energy Policy From Minnesota The Supreme Court should take up an appeal of his case, which belongs in federal, not state, court.-WSJ

In response, progressive activists are using another tactic, this time trying to evade not only Congress but also the federal courts. They are filing massive lawsuits against energy companies in state courts, trying to set national climate policy under the guise of holding companies liable for polluting. Evidently unsatisfied with the Environmental Protection Agency as their energy policy maker, activists want to make blue-state judges into energy-policy czars.

Oh no, you can’t question the science. These Companies Are Pushing Back on Science Showing Their Pollution-Bloomberg

When researchers said satellite data showed their facilities had leaked huge amounts of methane, companies began questioning the scientific analysis.

Seeing a lot of negative commentary, but I personally love this. So many industries are corrupted by their advertisers. Elon Musk Uses ‘F’ Word for Advertisers Boycotting Platform-WSJ

Dozens Of NYC Seniors Evicted From Nursing Home Turned Into Migrant Shelter-Daily Wire

Get ready for more. Gov. Abbott Says Texas Will Bus Another 70,000 Immigrants To Democrat-Run Cities-Daily Wire

Huh? Chicago Mayor Says Critics Of Migrant Crisis Are Just Mad That He Isn’t A Slave-Daily Caller

We Thought The Deadspin Story Calling A Child Super-Fan Racist Couldn’t Implode Any Worse … And Then It Did-Daily Caller

Amid the widespread backlash, reports revealed Wednesday morning that Armenta is Native American. His grandfather, Raul Armenta, is a business committee member at the Santa Ynez Band of Chumash Indians. The elder Armenta visited his grandparents and other relatives who lived on the Native American reservation throughout his childhood, according to a short bio.

Wow. DOJ Collected Data On Americans Who Interacted With Trump Tweets: Report-Daily Wire

DHS Subdivision Quietly Deleted Video Urging Americans To Report Covid ‘Disinformation’ From Family Members-Daily Caller

Isn’t he the woke left though? Schumer Rips The Woke Left For Rise In Anti-Semitism Across U.S.-Daily Wire

Ramaswamy Adviser Bolts To Join Trump-Daily Caller

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