• About
  • Contact Us
  • Privacy Policy
Friday, June 13, 2025
  • Login
No Result
View All Result
RPWMedia
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • World
  • Politics
  • Business
  • Science
  • Tech
    Biden Administration Ordered by Judge to Hand Over Any Communications With Social Media Tech Companies

    Biden Administration Ordered by Judge to Hand Over Any Communications With Social Media Tech Companies

    Indonesia’s Largest Fleet Of Taxis Teams Up To Beat Ride-hailing Apps

    Trump Didn’t Record Comey, White House Tells House Intel Panel

    Trending Tags

    • Sillicon Valley
    • climate change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Entertainment
    • All
    • Sports
    Deadspin Faces Criticism for Intentionally Misrepresenting Story of Young Fan’s Team Spirit with Face Paint

    Deadspin Faces Criticism for Intentionally Misrepresenting Story of Young Fan’s Team Spirit with Face Paint

    Disney Mocked Over Little Mermaid Live-Action Remake Full of Wokeness

    Disney Mocked Over Little Mermaid Live-Action Remake Full of Wokeness

    THE GREAT ESCAPE: Marty the Robot Breaks Out Of a GIANT Food Store In Pennsylvania

    THE GREAT ESCAPE: Marty the Robot Breaks Out Of a GIANT Food Store In Pennsylvania

    The Trans Community Now Deems Aretha Franklin’s ‘(You Make Me Feel Like a) Natural Woman’ Offensive

    The Trans Community Now Deems Aretha Franklin’s ‘(You Make Me Feel Like a) Natural Woman’ Offensive

    Disney’s Earnings Are Not As Woke As Its Executives – Layoffs Are Coming

    Disney’s Earnings Are Not As Woke As Its Executives – Layoffs Are Coming

    Dave Chappelle Says Will Smith ‘did an impression of a perfect man for 30 years’ and His Oscar Slap on Chris Rock Removed His Mask

    Dave Chappelle Says Will Smith ‘did an impression of a perfect man for 30 years’ and His Oscar Slap on Chris Rock Removed His Mask

  • Lifestyle
    • All
    • food
    • Health
    • Travel
    2024 Polling Shift Reveals Major Swing Toward Trump

    Pakistani American PAC Endorses Donald Trump for President in Powerful Statement

    Frank Biden Reveals Major Health Concerns Behind Joe Biden’s Withdrawal

    Frank Biden Reveals Major Health Concerns Behind Joe Biden’s Withdrawal

    Media Outlets Twist Facts to Defend Biden’s Cognitive Health

    Media Outlets Twist Facts to Defend Biden’s Cognitive Health

    A Festive Feast – Classic Christmas Roast with All the Trimmings: RECIPE

    A Festive Feast – Classic Christmas Roast with All the Trimmings: RECIPE

    Golden Sweet Honey-Glazed Ham

    Golden Sweet Honey-Glazed Ham

    Hearty Italian-Style Beef and Cheese Lasagna Recipe

    Hearty Italian-Style Beef and Cheese Lasagna Recipe

    After Leaving Poland, Biden Once Again Has Trouble Climbing The Stairs To Air Force One

    After Leaving Poland, Biden Once Again Has Trouble Climbing The Stairs To Air Force One

    THE GREAT ESCAPE: Marty the Robot Breaks Out Of a GIANT Food Store In Pennsylvania

    THE GREAT ESCAPE: Marty the Robot Breaks Out Of a GIANT Food Store In Pennsylvania

    Republicans In The House Want To Block China From Buying Farmland In The U.S.

    Republicans In The House Want To Block China From Buying Farmland In The U.S.

    Comedian Jimmy Dore Sets Bill Gates Straight On Why Nobody Trusts Him (VIDEO)

    Comedian Jimmy Dore Sets Bill Gates Straight On Why Nobody Trusts Him (VIDEO)

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • climate change
    • Flat Earth
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • World
  • Politics
  • Business
  • Science
  • Tech
    Biden Administration Ordered by Judge to Hand Over Any Communications With Social Media Tech Companies

    Biden Administration Ordered by Judge to Hand Over Any Communications With Social Media Tech Companies

    Indonesia’s Largest Fleet Of Taxis Teams Up To Beat Ride-hailing Apps

    Trump Didn’t Record Comey, White House Tells House Intel Panel

    Trending Tags

    • Sillicon Valley
    • climate change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Entertainment
    • All
    • Sports
    Deadspin Faces Criticism for Intentionally Misrepresenting Story of Young Fan’s Team Spirit with Face Paint

    Deadspin Faces Criticism for Intentionally Misrepresenting Story of Young Fan’s Team Spirit with Face Paint

    Disney Mocked Over Little Mermaid Live-Action Remake Full of Wokeness

    Disney Mocked Over Little Mermaid Live-Action Remake Full of Wokeness

    THE GREAT ESCAPE: Marty the Robot Breaks Out Of a GIANT Food Store In Pennsylvania

    THE GREAT ESCAPE: Marty the Robot Breaks Out Of a GIANT Food Store In Pennsylvania

    The Trans Community Now Deems Aretha Franklin’s ‘(You Make Me Feel Like a) Natural Woman’ Offensive

    The Trans Community Now Deems Aretha Franklin’s ‘(You Make Me Feel Like a) Natural Woman’ Offensive

    Disney’s Earnings Are Not As Woke As Its Executives – Layoffs Are Coming

    Disney’s Earnings Are Not As Woke As Its Executives – Layoffs Are Coming

    Dave Chappelle Says Will Smith ‘did an impression of a perfect man for 30 years’ and His Oscar Slap on Chris Rock Removed His Mask

    Dave Chappelle Says Will Smith ‘did an impression of a perfect man for 30 years’ and His Oscar Slap on Chris Rock Removed His Mask

  • Lifestyle
    • All
    • food
    • Health
    • Travel
    2024 Polling Shift Reveals Major Swing Toward Trump

    Pakistani American PAC Endorses Donald Trump for President in Powerful Statement

    Frank Biden Reveals Major Health Concerns Behind Joe Biden’s Withdrawal

    Frank Biden Reveals Major Health Concerns Behind Joe Biden’s Withdrawal

    Media Outlets Twist Facts to Defend Biden’s Cognitive Health

    Media Outlets Twist Facts to Defend Biden’s Cognitive Health

    A Festive Feast – Classic Christmas Roast with All the Trimmings: RECIPE

    A Festive Feast – Classic Christmas Roast with All the Trimmings: RECIPE

    Golden Sweet Honey-Glazed Ham

    Golden Sweet Honey-Glazed Ham

    Hearty Italian-Style Beef and Cheese Lasagna Recipe

    Hearty Italian-Style Beef and Cheese Lasagna Recipe

    After Leaving Poland, Biden Once Again Has Trouble Climbing The Stairs To Air Force One

    After Leaving Poland, Biden Once Again Has Trouble Climbing The Stairs To Air Force One

    THE GREAT ESCAPE: Marty the Robot Breaks Out Of a GIANT Food Store In Pennsylvania

    THE GREAT ESCAPE: Marty the Robot Breaks Out Of a GIANT Food Store In Pennsylvania

    Republicans In The House Want To Block China From Buying Farmland In The U.S.

    Republicans In The House Want To Block China From Buying Farmland In The U.S.

    Comedian Jimmy Dore Sets Bill Gates Straight On Why Nobody Trusts Him (VIDEO)

    Comedian Jimmy Dore Sets Bill Gates Straight On Why Nobody Trusts Him (VIDEO)

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • climate change
    • Flat Earth
No Result
View All Result
RPWMedia
No Result
View All Result

Republican States Pull $1 Billion From Blackrock Investment Accounts Over ESG Policies

by Rich Welsh
October 12, 2022
in Energy, Marxism, Opinion, Politics
1
Republican States Pull $1 Billion From Blackrock Investment Accounts Over ESG Policies

SOURCE: YouTube video screenshot

0
SHARES
Share on TwitterShare on Facebook

According to the Financial Times, some Republican-led states are removing their state funds from BlackRock’s management because they disagree with the asset manager’s ESG investment philosophies. ESG stands for Environmental, Social, Governance and it’s a Marxist agenda.

According to National Review, the ESG-investment crusade has taken a reasonable idea and stretched it well beyond reason.

“Environmental, Social, and Governance (ESG) investment practices distract investors and corporate management from maximizing long-term profitability, which is often achieved through innovation, cost control, and customer focus. By diverting attention away from priorities that align with increased productivity and toward a shifting array of inconsistently defined social-impact criteria, the ESG orientation is a long-term threat to continued economic growth.”

In recent weeks, Louisiana, South Carolina, Utah, and Arkansas all declared they would withdraw more than $1 billion from BlackRock.

In a letter to BlackRock CEO Larry Fink last week, Louisiana State Treasurer John Schroder said that he will withdraw all Treasury funds from BlackRock. According to Schroder, Louisiana will have taken out a total of $794 million by the end of the year, having already taken out $560 million.

According to Schroder, “This divestment is necessary to protect Louisiana from mandates BlackRock has called for that would cripple our critical energy sector,” said Schroder, adding, “I refuse to spend a penny of Treasury funds with a company that will take food off tables, money out of pockets and jobs away from hardworking Louisianans.”

VISIT OUR YOUTUBE CHANNEL

By the end of the year, South Carolina will withdraw $200 million from BlackRock, according to State Treasurer Curtis Loftis’ interview with Financial Times.

Republican states have been announcing for months that they would no longer do business with asset managers who have ESG-aligned investing policies, claiming that this proves that these financial institutions are shunning the oil and gas sector.

The fight against this trend is being spearheaded by Texas, the nation’s top oil-producing state. A list of financial institutions that could be prohibited from doing business with Texas, its state pension funds, and municipal governments, was released in August by the Lone Star State.

The ESG investment trend is seen as an attack on fossil fuels and a boycott of conventional energy sources in Texas and other Republican-led oil and gas-producing states because those resources’ revenues account for a sizable portion of state budgets in the oil, gas, and coal-producing region.

Attorneys General from 19 states, including Texas, West Virginia, Louisiana, Montana, Oklahoma, Idaho, and Ohio, wrote a letter to BlackRock’s CEO Larry Fink in early August to express their displeasure with the asset manager’s pledge to achieve net-zero emissions across all of its assets.

“Rather than being a spectator betting on the game, BlackRock appears to have put on a quarterback jersey and actively taken the field,” the respective state’s top law enforcement officials wrote.

Tags: anti fossil fuelBlackrockESGred statesRepublican statesRepublicans
Rich Welsh

Rich Welsh

Rich is a syndicated opinion writer who writes about politics, culture, liberty and faith. Subscribe to our YouTube channel at https://youtube.com/@rpwmedia?sub_confirmation=1

Next Post
The FBI Offered Christopher Steele $1 Million If He Would Prove His Dossier Was True, He Couldn’t, So They Used It Anyway to Spy on Trump

The FBI Offered Christopher Steele $1 Million If He Would Prove His Dossier Was True, He Couldn't, So They Used It Anyway to Spy on Trump

Comments 1

  1. 註冊 says:
    12 months ago

    Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Is Trump Intentionally Crashing the Stock Market? Yes, and It’s All Part of His Brilliant Plan

    Is Trump Intentionally Crashing the Stock Market? Yes, and It’s All Part of His Brilliant Plan

    0 shares
    Share 0 Tweet 0
  • Fauci, Birx, Walensky, and Other Top COVID Officials Face Criminal Referral Requests in Seven States for Alleged Murder and Medical Terrorism

    0 shares
    Share 0 Tweet 0
  • The Media Is LYING Again About MS-13 Tattoos—Here’s the Truth Behind Trump’s Photo

    0 shares
    Share 0 Tweet 0
  • Stephen Miller Turns the Tables on CNN ‘Reporter’ After She Tried a Gotcha Question Against him.

    0 shares
    Share 0 Tweet 0
  • New Poll Shows Voters Are Tired of the Anti-Trump ‘Resistance’ – Even in Blue California

    0 shares
    Share 0 Tweet 0

Category

  • #FakeNews
  • #MeToo
  • 2020 Elections
  • 2022 Elections
  • 2024 Elections
  • 2026 Midterms
  • 2028 Elections
  • Abortion
  • Activism
  • AI
  • AI censorship
  • America First
  • America First Coalition
  • Amnesty
  • Anchor Babies
  • ANTIFA
  • Back the Blue
  • Biden Administration
  • Biden Lies
  • Biden Regime
  • Black Lives Matter
  • Business
  • Cancel Culture
  • CDC
  • Censorship
  • Child Abuse
  • Christian Nationalism
  • Christianity
  • Christmas
  • Climate Change
  • Communist Chinese Party
  • Communist Lawfare
  • Corporate Fascists
  • Corruption
  • Cover-Up
  • COVID-19
  • Crime
  • Critical Race Theory
  • Cult
  • Cultural Marxism
  • CUT SPENDING
  • Deep State
  • DEI
  • Democrats
  • DHS
  • DOGE
  • DOJ
  • Donald Trump
  • Economy
  • Education
  • Election Fraud
  • Election Integrity
  • Election Interference
  • Elections
  • Elon Musk
  • Energy
  • Entertainment
  • Evangelical
  • Faith
  • Fascism
  • FBI
  • Fentanyl
  • First Amendment
  • food
  • Fraud
  • Free Speech
  • Gender Politics
  • Globalist Fascism
  • Go Broke
  • Go Woke
  • Go Woke Go Broke
  • God
  • Golden Age
  • Goofy Politicians
  • Government Tyranny
  • Gun Control
  • Gun-Free Zones
  • Hamas
  • Harris-Biden regime
  • Health
  • Health
  • Holidays
  • Hollywood
  • Human Trafficking
  • ICE
  • Illegal Immigration
  • Immigration
  • Inflation
  • Islamic
  • January 6
  • Judicial Tyranny
  • Kamala Harris
  • Law and Order
  • Lawfare
  • Leftists
  • LGBTQ
  • Libnuts
  • Lifestyle
  • MAGA
  • MAHA
  • Marxism
  • Mental Illness
  • Middle East
  • Military
  • National
  • Nationalist
  • Open Borders
  • Opinion
  • Pam Bondi
  • Politics
  • politics
  • Populist
  • President Autopen
  • Progressives
  • Protests
  • Racism
  • Radical Progressives
  • Recipes
  • Republicans
  • RINO
  • Riots
  • Russia Russia Russia
  • Science
  • Science
  • SCOTUS
  • Second Amendment
  • See You Next Tuesday
  • Sex Trafficking
  • Sexual Harassment
  • Social Media
  • Socialism
  • Sports
  • Sports
  • Supply Chain
  • Tariffs
  • Taxes
  • TDS
  • Tech
  • Tech Tyrants
  • Terrorism
  • Terrorist Supporters
  • The Deep State
  • The Watermelon People
  • Trade
  • Transgender Politics
  • Transgender Terrorism
  • Travel
  • Trump
  • Trump Administration
  • Trump Hater
  • Tyranny
  • Ukraine
  • US Constitution
  • US Supreme Court
  • Vaccine Mandates
  • Voter Fraud
  • Winning
  • Woke Politics
  • Woke Supremacists
  • Woke Supremacy
  • World

Site Links

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

About Us

RPW Media is an opinion and commentary source for conservatives everywhere.

  • About
  • Contact Us
  • Privacy Policy

© 2022 Jabberhouse Media, LLC, DBA RPW Media | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Sign Up For Our Newsletter

SIGN UP FOR OUR FREE NEWSLETTER

Email address:

 

SIGN UP FOR OUR FREE NEWSLETTER

Email address:

No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Science
  • National
  • Entertainment
  • Gaming
  • Movie
  • Music
  • Sports
  • Fashion
  • Lifestyle
  • Travel
  • Tech
  • Health
  • Food

© 2022 Jabberhouse Media, LLC, DBA RPW Media | All Rights Reserved