The United States added just one oil rig this week amid renewed pressure from climate change activists on investors to deny capital to fossil fuel producers.
"Our clients' portfolios—which reflect the global economy—cannot reach net zero without sustained and consistent government policy, accelerated technological breakthroughs, and substantial adaptation in corporate business models," says BlackRock.
Conservative investors are becoming shareholder activists to battle what they call the “woke” gender and race policies of America’s corporate boardrooms.
“Fake meat will not save the planet,” warns “The Politics of Protein,” a report released last week by the International Panel of Experts on Sustainable Food Systems (IPES-Food).
In his keynote address to the Bitcoin 2022 conference in Miami, venture capitalist Peter Thiel said environmental, social, and corporate governance (ESG) is “perhaps the real enemy” of the cryptocurrency, likening the movement to the Chinese Communist Party (CCP).
From his perch at the dystopian-titled “World Government Summit” in Dubai at the end of March, World Economic Forum chairman, Klaus Schwab, followed up his repeated calls for a “great reset” and a “fourth industrial revolution” with what he now describes as a “great narrative”.
