Climate activists reacted with equal measures of anger and despair Sunday at the news oil giant Saudi Aramco achieved record profits totalling $161.1 billion last year.
West Virginia Treasurer Riley Moore said on Wednesday the West Virginia Board of Treasury Investments (WVBTI) outperformed the funds run by BlackRock and other firms blacklisted from doing business with the state the last year for boycotting the fossil fuel industry.
The statement was in response to a thread by journalist Michael Shellenberger regarding the World Economic Forum's (WEF) secretive finances, in which he mentioned the use of ESG criteria by the organization.
Several US states divest approximately $11.7 billion from BlackRock due to concerns about the company's commitment to ESG principles, which may present obstacles to state pension funds and expose investors to risks.
For decades Klaus Schwab’s World Economic Forum (WEF) has been recruiting and cultivating corporate and political leaders from all over the world to embrace a vision and plan for a complete social, political, and economic transformation -- a “Great Reset” -- which is nothing short of a communist “New World Order.”
The Biden administration has quietly approved plans to build a new crude oil terminal in the Gulf of Mexico off Texas, seemingly in contradiction to the president’s past comments on the consumption of fossil fuels and carbon emissions.