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 the Democrats finally passed the "Inflation Reduction Act" in 2022 (how's that going?), they included several tax hikes set to take effect on Jan. 1, 2023.
Renewable energy sources, including wind turbines and solar panels, struggle to meet elevated energy demand during Christmas Eve snowstorms in the northeastern US and Texas, forcing utilities to burn fossil fuels to prevent power outages.
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.