BREAKING: Florida pulls $2 BILLION from BlackRock in largest anti-ESG divestment
https://www.reuters.com/business/finance/florida-pulls-2-bln-blackrock-largest-anti-esg-divestment-2022-12-01/
https://www.reuters.com/business/finance/florida-pulls-2-bln-blackrock-largest-anti-esg-divestment-2022-12-01/
Reuters
Florida pulls $2 bln from BlackRock in largest anti-ESG divestment
Florida's chief financial officer said on Thursday his department would pull $2 billion worth of its assets managed by BlackRock Inc , the biggest such divestment by a state opposed to the asset manager's environmental, social and corporate governance (ESG)…
This media is not supported in your browser
VIEW IN TELEGRAM
Lara Logan on some of the horrors of the trafficking industry and how kids are being handed away to strangers. 😡😡😡
https://teleg.eu/LauraAbolichannel
https://teleg.eu/LauraAbolichannel
This media is not supported in your browser
VIEW IN TELEGRAM
🇧🇷 — Brasilia, December 2, 2022.
Interesting read…🤔
Maria Zakharova, Russian Foreign Affairs Press Director:
“Preparations for the US-EU trade war consuming the European press lately have entered the final stages.
France, Germany, and Sweden are already saying officially that the Americans are not playing by the rules. The green agenda is to blame.
A little history.
The green agenda became a key element of US diplomacy when the Democrats came to power. The Europeans supported their allies and began to further increase investments in expensive technologies, such as electric cars and wind turbines, that don’t always make economic sense.
After NATO provoked the crisis in Ukraine, resulting in higher fuel and energy prices among other things, the US got the EU to sanction Russia in the energy sector and other areas. Heating and electricity prices skyrocketed, and the EU economy began to come apart at the seams. The industrially advanced countries – Germany, France and Sweden – were the hardest hit, but other EU states were also affected.
At the same exact time, the US passed the Inflation Reduction Act (IRA) that provides billions and billions in subsidies and government support for green projects and technology, including electric cars.
Now Washington is essentially sponsoring a whole new branch of the auto industry at the expense of the federal budget. The Europeans cannot catch up – their economy is in bad shape and they can’t even run their existing green car plants at full capacity. As a result, there is an artificial redistribution of the market in favour of the US car industry. Related industries that depend on this production chain will continue their downward spiral. The EU is the loser.
Washington won this trade war with the Europeans before it even began simply because Brussels and other European capitals believed their American partners and their commitment to fair play.
This unconditional faith of the Old World in the integrity of the New World is surprising not for its naiveté but for how skillfully it is exploited. The US adroitly manipulated the green agenda to back its partners into a corner.
Is there another way? Yes. China, for one, has long been watching US manipulations and knows very well the worth of Washington’s words and assurances. This is why China resists.
But the most stunning part of this so far biggest intergovernmental affair of the 21st century is that nothing is being done despite the protestations of EU ministers.
There are suspicions that Olaf Scholz, Emmanuel Macron and even King of Sweden Karl XVI Gustaf have reconciled themselves to the thought that their successors will drive on European roads in cars proudly bearing the label MADE IN USA.”
Maria Zakharova, Russian Foreign Affairs Press Director:
“Preparations for the US-EU trade war consuming the European press lately have entered the final stages.
France, Germany, and Sweden are already saying officially that the Americans are not playing by the rules. The green agenda is to blame.
A little history.
The green agenda became a key element of US diplomacy when the Democrats came to power. The Europeans supported their allies and began to further increase investments in expensive technologies, such as electric cars and wind turbines, that don’t always make economic sense.
After NATO provoked the crisis in Ukraine, resulting in higher fuel and energy prices among other things, the US got the EU to sanction Russia in the energy sector and other areas. Heating and electricity prices skyrocketed, and the EU economy began to come apart at the seams. The industrially advanced countries – Germany, France and Sweden – were the hardest hit, but other EU states were also affected.
At the same exact time, the US passed the Inflation Reduction Act (IRA) that provides billions and billions in subsidies and government support for green projects and technology, including electric cars.
Now Washington is essentially sponsoring a whole new branch of the auto industry at the expense of the federal budget. The Europeans cannot catch up – their economy is in bad shape and they can’t even run their existing green car plants at full capacity. As a result, there is an artificial redistribution of the market in favour of the US car industry. Related industries that depend on this production chain will continue their downward spiral. The EU is the loser.
Washington won this trade war with the Europeans before it even began simply because Brussels and other European capitals believed their American partners and their commitment to fair play.
This unconditional faith of the Old World in the integrity of the New World is surprising not for its naiveté but for how skillfully it is exploited. The US adroitly manipulated the green agenda to back its partners into a corner.
Is there another way? Yes. China, for one, has long been watching US manipulations and knows very well the worth of Washington’s words and assurances. This is why China resists.
But the most stunning part of this so far biggest intergovernmental affair of the 21st century is that nothing is being done despite the protestations of EU ministers.
There are suspicions that Olaf Scholz, Emmanuel Macron and even King of Sweden Karl XVI Gustaf have reconciled themselves to the thought that their successors will drive on European roads in cars proudly bearing the label MADE IN USA.”