Thursday, August 25, 2022

There needs to be a whole lot more of this

"Texas Bans BlackRock, The King Of ESG, For Pushing ‘Anti-Oil’ Agenda".

Texas placed restrictions on 10 finance firms, declaring that the firms’ opposition to fossil fuels could “undermine” the state economy, according to Texas Comptroller of Public Accounts Glenn Hegar.

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The companies banned include BlackRock Inc., UBS Group AG, BNP Paribas SA, Credit Suisse Group AG, Danske Bank A/S, Jupiter Fund Management Plc, Nordea Bank ABP, Schroders Plc, Svenska Handelsbanken and Swedbank AB. BlackRock is a major proponent environmental, social and governance investing (ESG), an approach to investing that scores companies based on their commitments to certain environmental aims and social causes, such as racial and gender diversity and the promotion of so-called green energy alternatives.


Wouldn't mind seeing this, either...


 I think we've heard enough from German social theorists over the last 90 years to last us for quite a while.

4 comments:

  1. I keep confusing BlackRock with Blackwater (which, incidentally, isn't called that anymore), but I suppose BlackRock is far more dangerous.

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  2. I actually had training several times with Blackwater (although once was after they renamed themselves XE Services and the other was when they were Academi). I did get the shirt, though... a "tactical" polo with the corporate logo stitched on the breast.

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  3. Back on your feet my Friend.
    Love from Ron in Australia,

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  4. Thanks, Ron! Right back at you!

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