Texas has the most competitive electricity market in the world. Its telecommunications market is equally successful. While the details of the transitions to competition for these two markets differ, the results are remarkably similar-exceptional increases in consumer choice and decreases in consumer prices.
The end of ESG? BlackRock admits adverse effects in SEC filing
BlackRock’s penchant for ESG is already coming back to bite it in the behind. In its annual filing with the Securities and Exchange Commission, the financial behemoth openly admitted its ESG activism poses a serious risk to its business. In the company’s words, the House of Cards could tumble “if BlackRock is not able to successfully manage...