Posted on May 19, 2022
GOP directs culture war fury toward green investing trend
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https://apnews.com/article/technology-cultures-climate-and-environment-government-politics-37bd9e [login to see] 982a7ff99089cc7e
Republicans are coming out swinging against Wall Street’s growing efforts to consider factors like long-term environmental risk in investment decisions, the latest indication that the GOP is willing to damage its relationship with big business to score culture war points.
Many are targeting a concept known as ESG — which stands for environmental, social and governance — a sustainable investment trend sweeping the financial world. Red state officials deride it as politically correct and woke and are trying to stop investors who contract with states from adopting it on any level.
For right-wing activists who previously brought criticisms of critical race theory (CRT), diversity, equity and inclusion (DEI) and social emotional learning (SEL) to the forefront, it’s the latest acronym-based source of outrage to find a home at rallies, in conservative media and in legislatures.
Republicans are coming out swinging against Wall Street’s growing efforts to consider factors like long-term environmental risk in investment decisions, the latest indication that the GOP is willing to damage its relationship with big business to score culture war points.
Many are targeting a concept known as ESG — which stands for environmental, social and governance — a sustainable investment trend sweeping the financial world. Red state officials deride it as politically correct and woke and are trying to stop investors who contract with states from adopting it on any level.
For right-wing activists who previously brought criticisms of critical race theory (CRT), diversity, equity and inclusion (DEI) and social emotional learning (SEL) to the forefront, it’s the latest acronym-based source of outrage to find a home at rallies, in conservative media and in legislatures.
GOP directs culture war fury toward green investing trend
Posted from apnews.com
Climate Change
Environment
Republicans
Culture
Conservative
Posted 2 y ago
Responses: 2
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PO1 William "Chip" Nagel
"Is the green investment discourse different from other debates?
Though it’s drawing enthusiasm, the green investment discourse differs from recurring debates over gender and sexuality or how history is taught. Both proponents and detractors acknowledged they’re surprised pensions, credit ratings and investment decisions have become campaign rally fodder."
"Is the green investment discourse different from other debates?
Though it’s drawing enthusiasm, the green investment discourse differs from recurring debates over gender and sexuality or how history is taught. Both proponents and detractors acknowledged they’re surprised pensions, credit ratings and investment decisions have become campaign rally fodder."
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For those who don’t know “long-term environmental risk in investment decisions” are mostly looked at and approved by unbiased professionals according to the regulations. The regulations have now been added to in an attempt to kill all fossil fuels in our Country. I believe what you are talking about here is establishing a carbon tax. At the end of the day it’s just another tool to try to stop all oil and gas production and to make them pay because wind and solar energy are not economical.
I have to give them credit, they do their best to try to make it seem no one ever looked at environmental considerations before. They are a real hoot. :)
I have to give them credit, they do their best to try to make it seem no one ever looked at environmental considerations before. They are a real hoot. :)
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