Not soon after the general election, and within two weeks of each other, two major financial institutions have left a United Nations Net Zero Banking Alliance (NZBA).
This is after they joined three years ago, pledging to require environmental social governance standards (ESG) across their platforms, products and systems.
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CNBC editor Rick Santelli unloaded on the Biden administration on CNBC’s “Squawk Box” Friday morning, saying anti-fossil fuel policies helped to spur inflation.
“What was the forward guidance with this administration on energy?” Santelli asked. “We know the answer. Maybe they can’t get things to happen faster, but by giving positive forward guidance, by not closing pipelines, by not talking pre-election about how much they don’t like fossil fuel, maybe things would have turned out a bit different.”
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A group of red states sued President Biden and members of his administration on Wednesday over his decision to revoke a key permit for the Keystone XL oil pipeline, The Hill reported.
The lawsuit is led by Montana and Texas, and backed by 19 other states, including Alabama, Arizona, Arkansas, Georgia, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Nebraska, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Texas, Utah, West Virginia, and Wyoming.
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Virtue-signaling, and the hypocrisies that inevitably accrue to it, are nothing new. Neither is it new that those who virtue-signal while engaging in or benefiting from those things that they decry are deeply self-deluded about their hypocrisy.
In the middle of a pandemic, we’re seeing more than our fair share, from the mayor of Austin lecturing his citizens on the virtues of staying home while he himself was on vacation in Mexico, to the newly inaugurated mayor of Baltimore locking down businesses across his city and then finding himself caught shopping outside his city where the rules are more “relaxed,” to Dr. Deborah Birx, one of the architects of America’s “You Should Stay Home” policy, traveling to see family over the holidays.
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