Marketplace All-in-One cover image

Marketplace All-in-One

The Death of ESG

Apr 16, 2025
This discussion dives into the controversial decline of ESG investing, revealing how political maneuvers in Texas triggered a significant backlash. It highlights the relationship between the fossil fuel industry and anti-ESG movements, exploring influential funding sources behind the rhetoric. Listeners will encounter the human and economic costs of climate change and ponder whether sustainable practices can survive in this hostile environment. As ESG faces criticism and greenwashing, the podcast raises essential questions about its future amidst rising political opposition.
32:45

Podcast summary created with Snipd AI

Quick takeaways

  • The podcast discusses how recent anti-ESG legislation in Texas aims to protect fossil fuel interests amid rising climate change concerns.
  • It highlights the financial motivations behind the anti-ESG movement, including influence from dark money donors and conservative think tanks.

Deep dives

The Impact of Oil and Gas on Texas

The podcast highlights the significant role that oil and gas play in the Texas economy, emphasizing its exports and the environmental implications tied to these industries. The Houston Ship Channel represents a critical access point for oil refineries, which process vast amounts of crude oil and contribute to both economic growth and climate change challenges. The conversation reveals a duality in Texas's relationship with petroleum—while it drives prosperity, it simultaneously raises concerns about the environmental future for upcoming generations. This tension serves as a backdrop for the unfolding narrative around the environmental, social, and governance (ESG) framework.

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