How BlackRock And The Rest Of The ‘Climate Cartel’ Stacked Exxon’s Board With Fossil Fuel Haters

By Andy Puzder

A recent House Judiciary Committee report details how America’s largest financial institutions, colluding with climate activists, imposed radical environmental policies on the American economy, subverting both our self-government and free markets. It focuses on the successful effort to insert climate activist directors on the board of energy giant ExxonMobil.

According to the report, there is “substantial evidence of a ‘climate cartel’ of financial institutions” including the “Big Three” asset managers (BlackRock, State Street, and Vanguard), several massive state pension funds, European investment firms, and the two foreign-owned proxy advisory firms that dominate the American market.

This cartel coordinated its efforts through a network of “alliances” that included “left-wing environmental activist” groups such as the Glasgow Financial Alliance for Net Zero and The Net Zero Asset Managers initiative (NZAM). The Big Three belonged to both.

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Read Full Article Here…(thefederalist.com)

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