Commentary Remember the hole-digging rule? When you’re in a hole, stop digging. Digging deeper when you’re already in a hole only means steeper, more desperate climbing when it’s finally time to get out. Ever-deeper hole-digging describes the state of ESG investing today. Though more than $50 trillion has been committed to ESG and other sustainable…
King Charles III Has a Climate Record to Live Down
Commentary This Saturday’s coronation of King Charles III marks a significant moment in Britain’s history. No previous constitutional monarch has expressed his political views so openly. Unlike his mother and grandfather, whose opinions, if they had any, remained unknown to the general public, the king’s record-setting seventy years as heir apparent to the British throne…
RFK Jr. Says Climate Change Being Exploited to Push ‘Totalitarian Controls’
Democratic presidential candidate Robert F. Kennedy, Jr. said that climate-related issues are being “exploited” by wealthy individuals in a bid to enact “totalitarian controls” over society. “Climate issues and pollution issues are being exploited by … mega billionaires” like Microsoft co-founder Bill Gates, Kennedy told radio host Kim Iversen over the past weekend. “The same way…
Who Turned the Lights Out? Joe Biden
Commentary Does the radical climate change agenda know no end? Earlier this year, it was gas stoves—and then lightbulbs. Then, a few weeks ago, President Joe Biden’s administration announced much less gas cars after 2032. Even though about half of Americans say they don’t want an electric car and only 6 percent of drivers are…
Inflation, Net Zero, and the Bank of England
Commentary “What a banker,” read the unsubtle headline in The Sun. “BoE official on £190k salary says Brits must accept they’re worse off.” The Mail agreed. “BoE chief risks fury as he says Brits must accept they are poorer.” What sparked the tabloids’ outrage was a Columbia Law School podcast with Huw Pill, the Bank of England’s chief economist and a member…
Standardizing ESG Reporting Is ‘Impractical,’ But Canada’s Public Pensions Want It: Think Tank
Companies face pressure to adhere to standardized frameworks for environmental, social, and governance (ESG) reporting, similar to those for financial reporting to stakeholders. But the subjective nature of ESG reporting makes it “impractical” and “extremely costly” for companies to do in a standardized way when compared to the more objective financial reporting, say experts at…
Green Energy Transition Will Keep Inflation High, Norway’s Oil Fund Chief Warns
Climate change will keep inflation stubbornly high and result in low investment returns for an extended period, said Nicolai Tangen, the head of Norway’s $1.3 trillion oil fund. Tangen told the Financial Times on April 25 that “inflation is going to be tough to get down,” alluding to a multitude of factors, such as rising…
Earth Day 2023: Utterly Bereft of Ideas
Commentary Earth Day fell on April 22—Lenin’s birthday, appropriately enough—so let us first recall the blessed memory of the official theme for Earth Day 2022: “Invest In Our PlanetTM.” “This is the moment to change it all — the business climate, the political climate, and how we take action on climate. It’s going to take all…
Supreme Court Rejects Oil Companies’ Attempt to Move Climate Change Lawsuits to Federal Court
The U.S. Supreme Court on Monday rejected a bid by major oil companies to move a series of climate change-related lawsuits against them out of state courts and into federal courts, where they hoped to have better odds. The justices denied (pdf) a total of five petitions from BP, Chevron, Exxon Mobil, Shell, Suncor Energy,…
Earth Day: Scientist Shares Inconvenient Facts
On Earth Day, I spoke with geologist and author Gregory Wrightstone of the CO2 Coalition. The group provides science and research that counter the indoctrination in the American education system. Wrightstone disputes the left’s climate alarmist philosophy by discussing global warming, natural disasters, the attempt to ban gas stoves, and more. In addition, he explains…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`