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Climate Is Important, but Oil Is ‘Vital,’ Admits BlackRock CEO: We’re Not ‘Environmental Police’

March 17, 2023 admin

BlackRock Business & Markets climate change alarmism Companies economic policies economy energy environmental social and governance (ESG) policies esg agenda Investment Larry Fink Markets US US News

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BlackRock Business & Markets climate change alarmism Companies economic policies Economy energy environmental social and governance (ESG) policies esg agenda Investment Larry Fink Markets US US News

BlackRock CEO Larry Fink admitted in a 2023 annual letter to investors that oil and gas are “vital” to global energy demand—a shift from his earlier stance promoting a climate change agenda which focused on progressive values that denounce fossil-based fuels. “For years now, we have viewed climate risk as an investment risk. That’s still…

World Economic Forum ‘Risk Management’ Report Takes Aim at Energy and Food

January 28, 2023 admin

Business & Markets climate change agenda Davos Agenda economic policies economy energy energy transition energy crisis esg agenda food crisis inflation SEC - U.S. Securities and Exchange Commission US US News World Economic Forum (WEF)

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Business & Markets climate change agenda Davos Agenda economic policies Economy energy energy transition energy crisis esg agenda food crisis inflation SEC - U.S. Securities and Exchange Commission US US News World Economic Forum (WEF)

The climate and social justice movement is seeking to rebrand itself from a progressive ideology to a prudent tool for risk management. This not only allows it to frame its bleak vision of the future as a safety measure; it also allows its corporate and Wall Street adherents to claim they are not pursuing a…

ESG Funds Underperforming S&P 500, Streak Expected to Continue Through 2023

December 13, 2022 admin

Business & Markets economic policies economy environmental social and governance (ESG) policies esg agenda esg funds ESG investing Investment Markets S&P 500 index stocks US US News

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Business & Markets economic policies Economy environmental social and governance (ESG) policies esg agenda esg funds ESG investing Investment Markets S&P 500 index stocks US US News

Several investment funds that adhere to environmental, social, and governance (ESG) policies have performed worse than the S&P 500 index this year, with the underperformance of such funds potentially set to continue through 2023 as well. A Bloomberg analysis of the 10 largest ESG funds by assets reveals that they have all registered double-digit losses….