Is the GOP War on ‘Woke Finances’ Delaying Climate Action?

11 months ago 43

Red states are trying to block money managers from considering climate change when investing in utilities. Recent evidence suggests that political pressure could be swaying investors.

Republican-led states are asking federal regulators to block the world’s largest investment firm from imposing climate-related financial practices on utilities. While the GOP’s war on so-called “woke finances” has had limited success in stemming the flow of money into clean energy, there’s growing evidence the political pressure could be delaying climate action.

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