ESG May Be Eating Away at Your Investments

Non-paywalled excerpt ...

cafehayek.com

@#1 ... ESG's are a massive scam. ...

Why?

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$2 a week!

That's what I saw. I did not see the article.

@#5 ... You're a fucking moron. ...

Well, maybe a desperate trolling for replies moron ...

;)

@#8

Since I posted #7, I used Firefox's Reader View ( View > Enter Reader View ) to see the entire article and bypass the beggings to subscribe.

It looks like an OpED written by...

... Mr. Gramm, a former chairman of the Senate Banking Committee, is a visiting scholar at the American Enterprise Institute. Mr. Hensarling, a former chairman of the House Financial Services Committee, is an economics fellow at the Cato Institute. Mike Solon contributed to this article. ...

The OpEd looks to be tilting at windmills, much like Pres Trump.

Lots of accusations, with little, if any, substantiation of those accusations.

For example, from the cited article ...

... As investors have noticed that ESG constraints produce lower returns while delivering few environmental or social benefits, opposition to ESG has grown. ...

What evidence was provided for that assertion?

@#12 ... S'riously? ...

More seriously... why might investments that are opposed by the Pres of the United States have problems returning a high profit level? This OpEd seems to want to start a self-consuming spiral downward of ESG investments.

Pres Trump has railed against windmills (as he calls them) because he thought the ruined the view of his golf course in Scotland.

How Trump's loathing for wind turbines started with a Scottish court battle (July 2025)
www.bbc.com

... "I am the evidence," was the eyebrow-raising comment made by Donald Trump when he appeared before the Scottish Parliament in 2012.

He was speaking as an "expert" witness on green energy targets, describing how he believed wind turbines were damaging tourism in Scotland.

Five years before he first became US president, it was one of his earliest interventions on renewable energy - but since then his opposition to them has grown to become government policy in the world's biggest economy.

He was objecting to 11 turbines which were planned -- and ultimately constructed -- alongside his Aberdeenshire golf course.

On his latest visit to Scotland, he described those turbines as "some of the ugliest you've ever seen".
PA Media President Trump, a man in dark clothes, white shoes and cap teeing off on a golf coursePA Media
President Trump teeing off on the new course on his Aberdeenshire golf resort

When Trump bought the Menie estate, about eight miles north of Aberdeen, in 2006, he promised to create the "world's greatest" golf course.

But he soon became infuriated at plans to construct an offshore wind farm nearby, arguing that the "windmills" -- as he prefers to call the structures -- would ruin the view. ...

[emphasis mine]

@#15 ... It's ridiculous we even got to this point. ...

Oh I agree.

Asked differently...

Is it ridiculous that a President of the United Stated issues investing advice, and then issues Executive Orders that guide the markets in favor of the investment advice he has offered?