Some states fighting back
Some states fighting back
The State of Florida has jumped on the divest-the-diverstors bandwagon. We have no doubt that Larry Fink, founder and CEO of the world’s largest investment firm, BlackRock, is now VERY concerned about the pushback he’s getting for pushing investors to divest from fossil energy companies. Two of the three largest states in the county (by population)–Texas and Florida–have decided to ban investments in funds that promote ESG–environmental, social, and governance. ESG is just another way of saying divest from fossil energy companies. And now the diverstors, like BlackRock and other Big Banks and Big Investment firms that divest, are themselves the targets for divestment. We love it!
Re: Some states fighting back
Money ALWAYS moves to where it is treated right. We are in the first phase of a multi-year Energy Crisis. There is no Quick Fix for this Man-Made Crisis. We put the Wackos in charge and the consumers of energy will pay the price for their terrible decisions.
The Wackos put OPEC back in charge of this world's energy supply.
The Wackos put OPEC back in charge of this world's energy supply.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group