ESG’s Perverse, Narrowly Focused Ethics
cross-posted from: https://exploding-heads.com/post/70496
Social justice. ESG theology holds that the poor and people of color suffer most from climate change. In reality, they benefit most from having abundant, reliable, affordable fuels and electricity – for cars, jobs, modern homes, cooking, heat, and air conditioning. The poor and people of color are not faring all that well in Britain and Europe, where the “transition to green energy” is well underway.
Over seven million British households have fallen into “fuel poverty” this winter, and special “warm rooms” have been set up to help people survive freezing weather. Recent headlines warn that Britain could have nationwide blackouts and extensive factory shutdowns and layoffs this winter. In Germany, families are stocking up on candles, so that they can at least read while they shiver in their homes.
2 replies
That article is ludicrous. There are valid criticisms of ESG investment and renewable energy plans but this ain't it.
If you believe climate change is made up as the author of this article appears to (or pretends to), then obviously using resources to act against it isn't appealing.
The Daily Caller is not what I would call a reliable source of information for what's happening in Europe, even though it's used as a reference.
War in Ukraine obviously heavily affects energy prices in Europe even though it's not even mentioned.
Even when taking climate change completely out of the picture, oil and gas production has already peaked (according to the Internal Energy Agency) and if there's no effort to find alternative sources the poorest populations will obviously be the first ones to be energy deprived. Burying one's head in the sand will not change that.
It is only peaked because globalists in USA and Western Europe have shut down production. When they do that it drives up prices for the poor.
These green alternatives all to often are boondoggles for crony capitalists