Republican lawmakers are set to take on the environment, social, and governance (ESG) agenda this year, with multiple states like Florida, Indiana, and Oklahoma targeting the use of such policies for business purposes.
“When companies boycott fossil fuels, they intentionally choke off the lifeblood of capital to Kentucky’s signature industries,” Treasurer Ball said. “Traditional energy sources fuel our Kentucky economy, provide much needed jobs, and warm our homes. Kentucky must not allow our signature industries to be irreparably damaged based upon the ideological whims of a select few.”
Several Republican states removed almost $4.5 billion dollars from BlackRock due to the company's adherence to environmental, social, and corporate governance (ESG) policies.
Startup Make Sunsets causes controversy by attempting to commercialize and sell geoengineering via weather balloons releasing particles into the stratosphere, but faces criticism.
Department of Homeland Security failed to terminate the security credentials for thousands of its former employees, an internal watchdog reported Thursday.
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.
Republican lawmakers introduced legislation Thursday to nullify the DOL's decision to allow ESG factors as an investment consideration, citing discrimination against the American energy sector.