Will Investors Fleeing Declining Energy Funds Mark The End Of ESG?

As the influence of ESG continued to grow, state legislatures, especially in red states, grew concerned about tax dollars funding progressive causes.
Today, 19 states have at least one anti-ESG law on the books, according to S&P Global Market Intelligence.
While more laws regulate the use of ESG in state business decisions, the poor performance of ESG funds has also chipped away on the movement’s influence. Higher interest rates and inflation blasted so-called clean energy stocks.

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