Energy & Environment 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... April 1, 2024
Economy USAA Scorns Its Trump-Voting Members By Debanking The Lawyer Who Defended Him USAA was ‘founded on military values.’ Now it embraces leftist ideas, transgender ideology, and corporate cancel culture. Mention the word “debanked,” and some might think you stuttered or misspoke. Explain what debanking is — financial institutions canceling a customer over his politics — and most will think you’re paranoid. Yet from oil and gas service firms... April 25, 2024
Energy & Environment Can We Power the EPA’s EV Fantasy? The overhaul of electrical grids and distribution would require labor and resources we don’t have. The futurists at the Environmental Protection Agency are confident that electric vehicles will soon become cheap, reliable and easy to fuel. That’s the main bet in the agency’s new standard for carbon-dioxide emissions, released last week. Critics have rightly called... March 27, 2024