“clean electricity plus direct electrification and efficiency … are not sufficient by themselves to achieve net-zero economy-wide emissions.” Translation: it can’t be done. No amount of wind turbines, solar panels, battery power, fossil fuel, or other available technologies will achieve net zero by 2050.
The war in Ukraine has exposed decades of under-investment on defense in Europe, and most countries are scrambling to catch up. But they won’t succeed unless they jettison the environmental, social, and governance (ESG) mentality among European institutions and private investors.
“It is clear that President Biden wants Wall Street to use your hard-earned money not to grow your savings, but to fund a far-left political agenda. That will hurt seniors and workers, especially after President Biden’s reckless spending caused record inflation and rapid interest rate hikes,” McCarthy added.
Manchin, alongside Democratic Montana Sen. Jon Tester, voted to overturn the legislation on March 1, accusing Biden’s veto of being sustained by a “progressive agenda” that put the country’s needs at risk, according to The Hill.
Republican Gov. Ron DeSantis of Florida called Environmental, Social, and Governance (ESG) investing a “house of cards” that will “come crashing down” during a Monday press conference.
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