ESG is the Perfect Storm Against Capitalism to Destroy Our Way of LifeEvery Woke, Liberal, Progressive, and straight out Socialist will tell you that Environmental, Social and Governance (ESG) investing is an investment strategy you can use to put your money to work with companies that strive to make the world a better place. What it really is, is an anti-energy, anti-development, and anti-America strategy that helps to destroy our ability to produce low-cost, reliable energy.
Alex Epstein at industrialprogress.net says that “ESG poses as a moral and financially savvy movement that is an immoral and financially ruinous movement. It prevents poor countries from developing and threatens America’s security.
Few knew what the initials “ESG” meant 5 years ago, but it is well-known today among corporate investors. One hundred and eighty CEOs recently signed a Business Roundtable statement on business purpose. They have agreed to move away from trying to improve business and the investment outcome for its stockholders, focusing instead on goals involving political objectives.
Whoever gave banks this sort of control over the world to collude to reshape economies and energy infrastructure? The answer is the notorious World Economic Forum whose rich members meet annually in Davos, Switzerland, to discuss taking over the world under the leadership of Klaus Schwab, author of the now-infamous Great Reset, which describes how these jet setters hope to accomplish this.
Depriving citizens of the more than 6,000 products that were non-existent before 1900, made from the oil derivatives manufactured from crude oil, is immoral and evil as extreme shortages will result in billions of fatalities from diseases, malnutrition, and weather-related deaths.
The pretense of liberal investment advisors that the market has long focused on social and environmental issues for companies that they invest in ⏤ is simply not true.
https://www.americaoutloud.com/esg-is-the-perfect-storm-against-capitalism-to-destroy-our-way-of-life/