Questioning the Big Green agenda

American Update:

Mississippi Secretary of State Michael Watson sent a cease and desist letter to investment manager giant BlackRock on Tuesday night over claims the company misleads clients about its involvement in environmental, social and governance (ESG) investing.

The letter claims that BlackRock incorporates ESG factors into its investment funds that are designated as non-ESG due to a broader commitment to have all assets under management advance the agenda of reducing carbon emissions to “net zero.” The order also serves as a notice of intent to impose administrative penalties on BlackRock for its use of ESG factors when managing investment accounts to prevent “immediate and irreparable public harm.”

“Investment companies will not push their political agenda on Mississippians, especially through fraudulent and deceptive means,” Watson said in a statement to the Daily Caller News Foundation. “All citizens should have the opportunity to make informed and educated decisions when investing their hard-earned money. If not, our office will hold these bad actors accountable.”

The letter also claims that BlackRock is misleading customers about its ESG funds by saying that ESG is beneficial for companies’ long-term financial results and that it generates better outcomes for funds. The demands of the letter would require BlackRock to stop misleading investors through its use of ESG or no longer market funds in the state.
...

I am among those who question the net zero agenda of those who want to completely avoid the use of fossil fuels. I question both the cost and the viability of such a move.

See also:

Dems, Media Push New Study Linking Climate Change To Inflation, But Economists Aren’t Buying It

And:

 Biden Plans To Destroy What’s Left Of The Economy With Ban On Gas Powered Vehicles

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