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A new front in the war against environment, social and governance (ESG) was opened this month as House Judiciary Committee Republicans released a report accusing left-wing environmental activists and major financial institutions of colluding to force American companies to adopt anti-fossil fuel policies.
The GOP committee members followed up the report with a subcommittee hearing last Wednesday in which they grilled representatives from some of those institutions they accuse of being part of a “climate cartel” violating antitrust laws, a charge the witnesses denied.
Rep. Thomas Massie, R-Ky., chair of the Antitrust, Commercial, and Administrative Law subcommittee, said that this “climate cartel” expressly requires investors who join them to pressure the companies they invest in to reach net zero emissions and adopt their desired left-wing policies.
Asset owners and managers, Massie said, then use the investments they control to force companies to disclose carbon emissions and adopt governance mechanisms that enforce climate […]
— Read More: justthenews.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
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