The Woke Street Journal
August 9, 2024
November 20, 2023

The Woke Street Journal

All The News That Isn't Fit To Print

Wall Street’s ESG Craze Is Fading Investors pulled more than $14 billion from sustainable funds this year-WSJ

When It Comes to BlackRock's ESG Pullback, Don't Take Larry Fink at His Word-Real Clear Markets

However, a look at the data shows that BlackRock’s ESG activism may have already accomplished much of its goals and may be why Fink and other activist asset managers are publicly pulling back from ESG.  

A $1.5 Trillion Loan Market Gets Stung by Anti-ESG Movement Issuance of sustainability linked loans is down 80% in the US-Bloomberg

The $1.5 trillion market for sustainability-linked loans, in which borrowing is tied to environmental, social or governance goals, has seen an overall slowdown in volumes this year as both interest rates and greenwashing fears rise. But nowhere has the decline been as precipitous as in the US, where the number of new sustainability-linked loans is down 80% from a year earlier, according to data compiled by Bloomberg.

I actually think the “S” part is the worst aspect of ESG and where you could get the most nasty surprises as a shareholder. This key element of ESG investing could drive real change at companies and boost returns-CNBC.com

This issue not going away anytime soon for clean energy stocks. ChargePoint Stock Plummets. Higher Interest Rates Are Hurting Business.-Barron’s

Is Disney's new movie Wish a 'woke' disaster?-Washington Examiner

Disney's animated film Wish is set to hit theaters on Wednesday, and it's already generating backlash for its alleged "wokeness." YouTube channel Clipped Coin called it "recycled woke trash" with bad songs and bad writing, based on the trailer. As of this writing, the trailer has 78,000 downvotes on YouTube.

How Elon Musk, for Many, Went Too Far A misleading tweet, a vexed billionaire and a new firestorm over antisemitism-WSJ

Instead, Drudge Report was running a banner headline naming him the “world’s richest bigot.” Longtime vocal Tesla investors were expressing dismay in their famous CEO. Apple, Disney and other majors advertisers suspended spending on X, opening a major new risk for the company. And the White House was condemning Musk’s “abhorrent promotion of antisemitic and racist hate in the strongest terms, which runs against our core values as Americans.”

Of course he’s fighting back. ‘Oppressors of Right to Free Speech:’ Elon Musk Blasts Major Corporations, Announces Plans to Sue Media Matters-Breitbart

Huh? High School Bans ‘USA Day’ For Being Too ‘Politicized’-Daily Caller

Army Scrambling to Get Back Soldiers It Kicked Out over Biden’s Military Vaccine Mandate-Breitbart

Osama bin Laden, Antisemitism and a Viral Tweet: Why TikTok Is Facing Its Biggest Threat Critics are renewing calls for a ban, saying the app is anti-Israel, which the company denies-WSJ

TikTok is facing what it views as perhaps its biggest crisis yet, with the world’s most popular app facing an intense backlash over the perception it favors pro-Palestinian and, at times, antisemitic content.

Citing anti-Israel posts that surfaced on TikTok since the Gaza conflict began and a decades-old Osama bin Laden letter that circulated this week, Washington lawmakers have renewed calls to ban the app in the U.S.

House Speaker Mike Johnson Makes Public Security Video From Jan. 6 Capitol Riot GOP-led panel plans to post online about 44,000 hours of video from the day a pro-Trump mob stormed the U.S. Capitol-WSJ

Parts of the Republican base have complained that a select committee formed under then-Speaker Nancy Pelosi (D., Calif.) to investigate the riot distorted the events of that day by selectively disclosing video and sharing damaging images while withholding other images. Democrats have said that the select committee, which included two Republicans, helped provide an accounting of the attack. Other groups have warned that Republicans are trying to whitewash the siege and say the disclosure of a wider range of video poses national-security risks.

Mike Lee asks what Jan. 6 committee 'deliberately hid from us' and calls for investigation-Washington Examiner

The GOP Wins One Over George Soros A progressive prosecutor loses in Loudoun Country, Virginia.-WSJ

Loudoun County voters tired of her antics, and she was defeated despite outspending Mr. Anderson 10 to 1. Voters don’t want politicized prosecutions, and the Virginia vote shows that progressive prosecutors can be defeated even in Democratic-leaning areas no matter how much Soros cash they may have.

New Jersey Teachers Union Calls For End Of Basic Skills Test For Teachers-Daily Wire

Biden Admin Throws Lifeline To Drowning Offshore Wind Industry-Daily Caller

The Biden administration announced Friday it’s proposing extending a tax credit to boost offshore wind energy projects, according to Politico.

The tax credit proposal is intended to defray rising interest rates and high steel prices that have made offshore wind energy projects more expensive, Politico reported. The Treasury Department clarified that undersea cables that connect wind farms to the power grid are eligible for tax credits due to the Inflation Reduction Act, according to E&E News.

This is going to be interesting. Populist Javier Milei Wins Argentina’s Presidential Election-Daily Caller


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