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HomeESG

ESG

Environmental, Social and Governance

Gas Prices
ESG

Tax Increases Won’t Lower Gas Prices At The Pump

December 5, 2022 Mariel Alumit

Governor Gavin Newsom believes California’s gas prices are too high. And he is correct. However, his claims that he can lower gasoline prices by forcing consumers to pay higher taxes will make a bad situation […]

fossil fuels.
Climate Crisis

Why the war on fossil fuels is causing chaos

December 5, 2022 Mariel Alumit

Climate change is a real and urgent problem. More than a century of carbon emissions is warming the planet and causing floods, droughts, fires and other cataclysmic events that are killing people, threatening livelihoods and […]

Phillips
Downstream

Phillips 66: Business Transformation In Progress

December 5, 2022 Mariel Alumit

Introduction Houston, Texas-based Phillips 66 (NYSE: NYSE:PSX) released its third quarter of 2022 on November 1, 2022. Also, on November 9, 2022, the company held its “investor day 2022,” unveiling PSX’s strategy. Phillips 66 expects to return […]

54% of projects extracting clean energy minerals overlap with Indigenous lands, research reveals
Climate Crisis

54% of projects extracting clean energy minerals overlap with Indigenous lands, research reveals

December 3, 2022 Stu Turley

Vast quantities of minerals are needed to accelerate the transition to a clean energy future. Minerals and metals are essential for wind turbines, solar panels, and batteries for electric vehicles. But Indigenous peoples have raised concerns about more mining on their […]

BlackRock
ESG

BlackRock closes ESG fund due to lack of interest, amid poor performance

November 28, 2022 Mariel Alumit

BlackRock has opted to liquidate a multi-strategy fund overseen by two veteran investors after struggling to amass sufficient assets since its launch three-and-a-half-years ago. According to a shareholder note seen by Citywire Selector, BlackRock intends to […]

Goldman Sachs
ESG

Securities And Exchange Commission Fines Goldman Sachs $4 Million Over ESG Failures

November 23, 2022 Mariel Alumit

On Tuesday the Securities and Exchange Commission officially charged Goldman Sachs Asset Management with violating its policies and procedures with respect to investing in Environmental, Socially-oriented, and Governance-oriented investments. The regulator fined the company $4 […]

EPA
Carbon Capture

EPA floats sharply increased social cost of carbon

November 21, 2022 Mariel Alumit

EPA has proposed a new estimate for the social cost of carbon emissions, nearly quadrupling an interim figure that has already drawn legal challenges from a host of Republican-led states. The metric puts a price […]

Billionaires
Climate Crisis

Billionaires emit a million times more greenhouse gases than the average person: Oxfam

November 8, 2022 Mariel Alumit

The investments of 125 of the world’s richest billionaires cause 393 million metric tonnes of carbon dioxide emissions every year, according to a report by Oxfam. Billionaires “have escaped accountability for too long”, Danny Sriskandarajah, […]

Norway
ESG

Norway energy giant Equinor doubles share of investment in renewables

November 8, 2022 Mariel Alumit

SHARM EL-SHEIKH, Egypt, Nov 8 (Reuters) – Norwegian energy giant Equinor is on track to almost double the share of its investment in renewable energy this year, despite walking away from expensive offshore wind deals, […]

Climate Crisis

Is Following ESG Criteria Breaking The Law?

November 5, 2022 Mariel Alumit

Authored by Kevin Stocklin via The Epoch Times (emphasis ours), One problem for CEOs who direct their companies to follow the goals of environmental, social, and governance (ESG) criteria is that in doing so, they […]

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