The SEC’s Risky Plan To Decarbonize The U.S. Financial Markets | ZeroHedge
Authored by Paul Tice via RealClearEnergy,
Reports of the impending death of the Environmental, Social, and Governance (ESG) movement have been greatly exaggerated.
While several sustainability-minded companies and Wall Street firms have recently adopted a lower ESG profile due to the public backlash, this is largely a tactical retreat until the government provides air cover. Financial regulators are now riding to the rescue, passing rules that make the entire climate-focused ESG (more…)