The state of Oklahoma will make sure that these extreme ESG Bank entities will get their inequity as Oklahoma votes with its pocketbook. That is one state but if 12 or 15 states who produce oil and energy to the same thing, it will make a dent even though the ESG banks in California can get more money from the California employees public Retirement System will be affected by all these three banks that are from California that are needing Federal assistance or merging with JP Morgan. Going ESG means profitable oil companies and other entities that are related to fossil fuels will be excluded from their portfolios and this could mean less profits for their shareholders. Like like they say, go woke, go broke and California is leading the way with his 25 billion dollar deficit.
It's interesting that the US Energy Department projects that electric cars will be no more than 20 or 30% of the overall vehicles the next 20 or 30 years.
The United Auto Workers Union are upset because they're going to lose 1/3 of their jobs by going all green. This may make a difference in some elections in 2024.
Nobody in the House and Senate of Congress voted for getting rid of the internal combustion engine, so there will be pushback in the near future even if California Cuts itself off from big rigs by Banning diesel rigs in the near future.
California and the science of stupid!
The Governor of New York wants to get rid of natural gas in new buildings within a few years. I guess more New Yorkers are moving out of New York State and ethnic food will not taste the same and watch all these chefs move to New Jersey and other states to use clean-burning Natural Gas.
There is nothing wrong with carbon capture and pumping it into the ground. There is nothing wrong with having an electric car even if many people don't like it. The difference is When government picks winners and losers and then Banks go along and follow their lead but you also have Financial entities that can push back and give the ESG left some inequity that they weren't expecting!
America was always Freedom of Choice until this Administration came along.
The United Auto Workers and other voters are going to let the Biden Administration know in 2024 that they're not pleased with this extreme green agenda. It's almost like a Russian or communist Five-Year Plan without any consent of Congress or the American people.
One last thing, I have many shares of tesla, Ford and General Motors and neither of the three are making profits and their stocks are down considerably. There isn't the same desire to buy electric cars and the president's fanatical agenda of going green is only going to work to a certain extent because a lot of people prefer the long range fossil fueled cars and trucks.
CSM Charles Hayden Passed 7/29/2025 SFC Dr. Jesus Garcia-Arce, Psy.D LTC Trent Klug