darkroom of esg opponents

I was raised to question everything. Let’s dig into this…The Hill reports that InfluenceMap has traced the anti-esg movement to “a backroom campaign by the fossil fuel industry in states like West Virginia and Texas.” Internal documents allegedly seek to “: to tar moves by the financial sector to weigh the climate risks posed to the oil, gas and coal businesses as “discrimination,”” It started with legislation in West Virginia (the bill failed), then a white papers from the Texas Public Policy Foundation joined the fun, followed by State Financial Officers Foundation  and American Legislative Exchange Council. 

Financial minds are saying that their path led to anti-ESG policies costing states ” as large financiers elect to leave the public market, leaving municipalities and state pension funds with fewer, smaller options.”

The Hill | Documents reveal how fossil fuel industry created, pushed anti-ESG campaign