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…
Climate Is Important, but Oil Is ‘Vital,’ Admits BlackRock CEO: We’re Not ‘Environmental Police’
March 17, 2023
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BlackRockBusiness & Marketsclimate change alarmismCompanieseconomic policieseconomyenergyenvironmental social and governance (ESG) policiesesg agendaInvestmentLarry FinkMarketsUSUS News
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World Economic Forum ‘Risk Management’ Report Takes Aim at Energy and Food
January 28, 2023
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Business & Marketsclimate change agendaDavos Agendaeconomic policieseconomyenergyenergy transition energy crisisesg agendafood crisisinflationSEC - U.S. Securities and Exchange CommissionUSUS NewsWorld Economic Forum (WEF)
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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
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Business & Marketseconomic policieseconomyenvironmental social and governance (ESG) policiesesg agendaesg fundsESG investingInvestmentMarketsS&P 500 indexstocksUSUS News
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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….
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