That so many states have been passing such legislation that forbids considering environment, society, and governance implications of financial investments is anything but a fluke.
, it’s easy to imagine investment advisors who handle state pension funds or contractors who sell to state governments fearing not also doing business with oil and gas companies so they won’t be accused of “discrimination” or “boycotting” and lose their contracts.
he demise of Silicon Valley Bank last month triggered plenty of angst among solar energy developers. Before it collapsed, SBV claimed it had “financed or helped finance 62 percent of community solar projects in America,”business reporter Evan Halper. At first, it wasn’t clear who might fill that gap. MAGA politicians tookin the disruption of what they tediously referred to as the “woke” economy.
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