Why is our government working so hard to push the free market to promote the global left-wing socialist agenda? We all know that the interaction within the UN-International Panel on Climate Change actually believes that capitalism should be attributed to global warming [the theory that human carbon dioxide emissions cause catastrophic warming on Earth] because capitalism creates richness and then costs There are too many resources and the current warming trend on our planet has lasted for 10,000 years. What is amazing is the nonsense that this group came up with.
Indeed, I would like to recommend reading the Wall Street Journal article; 11-19-2015 "Forcing pension funds to implement green politics - Obama's Labor Department wants retirement ports to strip fossil fuels," Mr. Kessler said. It turns out that the US Securities and Exchange Commission now requires companies to predict the potential loss of global warming in the future [remember that it is still only a theory].
This article explains how the Obama administration's Department of Labor guides pension funds to consider "climate" in all investments. What is wrong with this? There are $9 trillion in pensions invested in the stock market - telling them that investing in climate-friendly stocks to support alternative energy is just trying to keep this bad industry alive. With subsidies, tax breaks, and government subsidies for new alternative energy companies, return on investment has returned to negative. For me, this is a strong signal that the alternative energy bubble is about to enter the South Pole and enter freezing. How do you say that? I think this is a criminal act of the regulator - they are trying to guide the funds.
Therefore, the plan is to force pensioners to invest green funds in their portfolios, regardless of whether their return on investment is underperforming, and the government is calling for the prosecution of oil companies.
Su Shishi Fuel Company blocked them?
Oh, do you want to sue the energy company? This is what the Communists tried to do when they entered the environmentalist war. In fact, this is also the advice of ecological terrorists, but when they can't win their lawsuits, they start to blow things up? If you sue an energy company that you have done in the past, the utility company passes these costs on to the consumer and raises the cost of energy. If the consumer is the so-called percentage group of asthma cases, they lose twice.
When environmentalists sued energy companies to expand EIR, they are usually clean energy technologies [such as AL, GA, PA, DE] in these plants, which cannot be upgraded to less polluting systems. Of course, alternative energy companies think they should be tax-free; wind turbines and ultrasound, killing birds, bats, etc., or solar panels in the desert hurt desert turtle habitats.
I think the Obama administration wants to sue the fossil fuel sector [oil, coal and natural gas], and then alternative energy companies can change prices, earn more profits in government subsidies and protected industries, and not hurt pensioners. Energy sector. Wow, what kind of bird brain thinks this strategy is - maybe the bird is hit by the wind turbine head - yes, this can explain it is no problem.
Orignal From: Are pension funds told to invest in climate-friendly stocks?
No comments:
Post a Comment