We’ve discussed before the nefarious nature of ESG scores, which are social credit scores for businesses. Today we look at how these socialist standards would affect the oil industry. First up this week is author and scholar John Horvat, He examines the recent rule proposed by the Securities and Exchange Commission that would force public companies to disclose climate risks involved in their operation. This rule, motivated by ideology, not economics, gives the impression that America is weak and for the oil industry, will result in declined oil production at a time when energy needs are on the rise.
