ENVIRONMENTAL AND SOCIAL GOVERNANCE IS A SCAM TO AVOID ACCOUNTABILITY TO SHAREHOLDERS:

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Jeffrey Carter: ESG Has A Comeuppance: Does It Surprise Any Objective Investor? “ESG is just crony capitalism with a different name. . . . When the crap hits the fan, people want return. If there is one good thing about the inflation we are experiencing is the cold slap in the face it’s giving to a lot of ideas that are simply stupid and misplaced, like ESG. Mr. Market does things differently. My hope is Mr. Market disciplines the ESG crowd mercilessly.”

See also  Gov. Hochul: "In the state of New York, we're now requiring social media networks to monitor and report 'hateful conduct on their platforms."

UPDATE: From the comments: Kentucky AG Legal Opinion: ESG Investing is a Breach of an Asset Manager’s Fiduciary Duty. I agree.

h/t Glenn Reynolds

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