US House Republicans move to silence Wall Street in climate fight
US House Republicans move to silence Wall Street in climate fight
While framing criticism of ESG as holding Wall Street to account, House Republicans appear to be picking spots where they’ll minimize friction with the financial services industry.
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Climate change is going to affect corporations as much or more than the will affect every other person on the planet. Corporations cannot ignore what is happening without risking becoming extinct. themselves. Greenwashing will not help our situation. But the slowest and least intelligent dinosaurs lead the worst of the problem causing industries. Until they are forced to help, they will not lift a finger.
These mangers, by law, are required to take care of their owners (stockholders) interests, first. As such, moral arguments are worse than a waste of time. Moral arguments divert attention away from what must be addressed.