Red states seek to break up major climate finance group

, told The Washington Times. “There are laws out there addressing companies working together to the detriment of consumers. If the facts bear it out, I don’t think any of the AGs concerned about this would hesitate to use their enforcement authority.”The alliance’s push to reach net-zero by 2050 is part of the climate-conscious investment strategy known as environmental, social and corporate governance investing, or ESG, that Republicans call “woke capitalism.

is part of the U.N.-backed Glasgow Financial Alliance for Net Zero, which calls itself “the world’s largest coalition of financial institutions committed to transitioning the global economy to net-zero greenhouse gas emissions.”Skremetti

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

World needs $2.7 trillion annually for net zero emissions by 2050-Wood MackenzieGlobal investment of $2.7 trillion a year is needed to achieve net zero emissions by 2050 and avoid temperatures from rising above 1.5 degrees Celsius this century, a report by consultancy Wood Mackenzie said on Thursday.
Source: Reuters - 🏆 2. / 97 Read more »