ESG Energy Crisis

Texas on Tuesday said it is divesting $8.5 billion from asset manager behemoth BlackRock over the company’s anti-fossil fuel policies.

Paul Fitzpatrick, the president of the 1792 Exchange, explained in an op-ed on Wednesday that Wall Street asset managers are using state pension funds to advance “racial equity audits,” green energy schemes and other leftist goals.

Big investors increasingly see Environment, Social, and Governance (ESG) investing as an underperforming fad.

House Majority Leader Steve Scalise (R-LA) told Breitbart News in an exclusive interview on Thursday that the Environment, Social, and Governance (ESG) investing movement harms the working class the most.

The House on Tuesday passed a resolution to scrap President Joe Biden’s rule that would advance Environment, Social, and Governance (ESG) investing. 

The House will take up legislation this week that would scrap President Joe Biden’s environmental, social, and governance (ESG) rule.

Heritage Action Executive Director Jessica Anderson and Indiana state Rep. Ethan Manning (R) called on lawmakers to pass legislation that would ensure that those managing Indiana’s pension fund would not promote Environment, Social, and Governance (ESG) investing.

Consumer advocates, economists, and other experts have discussed how Environment, Social, and Governance (ESG) investments have contributed to the decades-high inflation America continues to experience.

Speaking from Davos, the BlackRock CEO says the attacks on ESG have become personal and ugly.

HSBC announced that it will no longer finance new oil and gas projects in order to meet the green agenda goals of the globalist elites.

Vanguard, one of the primary asset managers, withdrew from the largest climate change alliance after facing increasing scrutiny of its hostility to the fossil fuel industry.

West Virginia State Treasurer Riley Moore announced Monday that he will run in the state’s Second Congressional District to stop “woke corporate activism.”

Consumers Research on Tuesday launched an activist sister organization to combat ESG activism and promote anti-ESG legislation across the country. 

Kentucky state officials demanded to know if the state pension funds will stay clear of Environmental, Social, and Governance (ESG) investing factors.

“The environmental, social and corporate governance (ESG) movement has produced an opaque and perverse system in which some financial companies no longer make decisions in the best interest of their shareholders or their clients, but instead use their financial clout to push a social and political agenda shrouded in secrecy,” the Texas Comptroller said in a statement.

West Virginia Treasurer Riley Moore on Thursday banned five Wall Street firms from state banking contracts over the financial giants’ advancing ESG climate activism, to the detriment of West Virginians. 

The Republican Study Committee (RSC) detailed how Environmental, Social, and Government (ESG) policies amount to a “war on American energy” and highlighted many of the Republican solutions to combat ESG leftist activism under a Republican majority, Breitbart News has learned exclusively.

Still no help on the supply side from U.S. oil producers.

No relief in sight for soaring oil and gasoline prices as supplies dwindle.

Texas to the rescue!

The second big retailer to report that its earnings are getting trampled by Bidenflation and the ESG energy crisis.

Domestic energy production is being held back by taxes, ESG investing, Green New Deal policy threats, and bank regulations.

The United States added just three oil rigs this week despite crude oil prices soaring. The total number of oil rigs in the U.S. ticked up from 549 to 552, data from the oil and gas services company Baker-Hughes showed