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.
Economic researcher for the Center for Data Analysis at The Heritage Foundation EJ Antoni said "higher interest rates," as well as "a lower real income," have cost American families $7,100.
On Friday, Chinese leader Xi Jinping met Saudi Arabian leaders in that country, expressing his interest in using yuan to buy Persian Gulf generated gas and oil.