Marketplace All-in-One cover image

The Death of ESG

Marketplace All-in-One

CHAPTER

The ESG Backlash: Texas Takes a Stand

This chapter examines the shift of ESG investing from a niche area to mainstream finance, and the subsequent backlash it faces, particularly in Texas. It details the political machinations behind Senate Bill 13, which limits ESG considerations and penalizes firms opposing fossil fuel interests. The chapter underscores the economic consequences of such legislation, revealing how anti-ESG policies have reduced competition in the financial market, impacting cities' ability to fund essential projects.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner