NPR report defends ESG, says Republicans are 'trying to score political points'

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NPR report defends ESG, says Republicans are 'trying to score political points'
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NPR published a news report by its 'climate and corporations correspondent' slamming Republicans as opposing ESG policies for their own political benefit.

Chairman and co-founder of Strive Asset Management Vivek Ramaswamy delves into ESGs and how they affect the global energy economy on 'Tucker Carlson Tonight.'NPR published a report Monday in their climate section thatof opposing environmental, social, governance policies in order to"score political points."

, Texas, and West Virginia to deter companies from pursuing policies that use retirees' pension plans in order to advance preferred social policies. "Many experts disagree, saying Republicans are distorting the goals and strategies of ESG investing," he continued, which he described as"a set of considerations that investors are using to try to understand risks and opportunities that aren't accounted for in traditional financial models."

However, his claim that ESG investors are not boycotting fossil fuels is false. In 2019, Goldman Sachsany new or existing coal projects anywhere in the world, and also ruled out funding oil projects in the Atlantic. Other financial institutions enacted similar policies, and BlackRock pledged to remove coal companies from its portfolio.

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