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Issa Eviscerates ESG

June 13, 2024

Exposes Hypocrisy, Impossibility of Implementing Radical Investing Agenda

Washington – Yesterday, Congressman Darrell Issa (CA-48) exposed the hypocrisy of radical environmental, social, governance (ESG) policies being forced upon Americans to promote the woke climate agenda and discourage fossil fuel investments.

Issa’s remarks were made as part of a hearing in the House Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Antitrust entitled “Climate Control: Decarbonization Collusion in Environmental, Social, and Governance (ESG) Investing,”

“There is zero risk today investing in the oil and natural gas industry. There’s zero risk because for the foreseeable future we are going to need it and we’re going to need more. Yes, we need to be as clean as it possibly can. But the transition away from fossil fuels has been predicted for decades and it is nowhere close. It is clear you’re making investment decisions based on your politics and not on the best interests of national security of the welfare of the American people,” said Rep. Issa.

The hearing featured the following witnesses:

  • Mindy Lubber, Chief Executive Officer and President, Ceres
  • Dan Bienvenue, Interim Chief Investment Officer, CalPERS
  • Natasha Lamb, Managing Partner and Chief Investment Officer, Arjuna Capital
  • Keith Ellison, Attorney General, State of Minnesota

Watch Issa's remarks here.