WASHINGTON, District of Columbia — West Virginia Treasurer Riley Moore, who precocious announced a legislature tally successful 2024, told Breitbart News successful an exclusive interrogation that Environmental, Social, and Governance (ESG) policies are going to pb to the “destruction of the fossil substance industry.”
Moore, the archetypal Republican authorities treasurer successful West Virginia successful 92 years aft being elected successful 2020, said that the “simplest and astir straightforward way” to explicate however atrocious ESG policies are is that it would beryllium “the demolition of the fossil substance industry” successful West Virginia and that Americans are paying for it done skyrocketing inflation.
ESG policies are a form of leftist activism successful fiscal investing that has go the latest vector to influence the way Wall Street fiscal firms and corporations proceed to instrumentality societal and governmental positions that bash not subordinate to their business, such arsenic stances associated with clime change, arsenic good arsenic the Diversity, Equity, and Inclusion (DEI) agenda. Wall Street firms, specified arsenic BlackRock, for example, merchantability ESG arsenic a mode to put according to specific criteria that the governmental near pushes connected voters and consumers.
The exclusive interrogation with Breitbart News happened soon earlier helium was awarded the “Consumer Champion Award” from the Consumers’ Research for his “unceasing defence of WV consumers from those utilizing the excuse of ESG to endanger their livelihoods” at the State Financial Officers Foundation (SFOF) league past week, where state treasurers from crossed the state launched their strategy against ESG policies.
.@RileyMooreWV continues to beryllium a person successful the combat against the ESG docket 🇺🇸
From taking connected BlackRock to limiting authorities engagement with ESG-aligned fiscal institutions, helium has fought tirelessly for the radical of West Virginia!
— Will Hild (@WillHild) November 14, 2022
The West Virginia treasurer explained that the “destruction of the fossil substance industry” raises the terms of gas, which creates a domino effect connected everything that travels connected trucks, trains, and immoderate different signifier of transportation.
“It each travels connected trucks, and trains and each this different stuff. So it means it’s costing you money. It besides means that we are subsidizing this leftist societal experimentation connected this done inflation, and done investments, and oregon pardon me, done our status accounts arsenic well,” helium stated.
Earlier this year, Moore became 1 of the leading voices against financial firms pushing ESG policies into their lending decisions and led a 16-state conjugation to combat back against the divestment movement. West Virginia was besides the archetypal authorities to pull investment funds from places — specified as BlackRock — that clasp “net zero” concern strategies, which would yet wounded the state’s fossil substance industry.
Politico noted a “slew of anti-ESG bills circulating successful authorities legislatures astir the country” pursuing the multiple-state coalition. One illustration is West Virginia, which passed Senate Bill 262 that yet allowed Moore, arsenic the state’s treasurer, to “publish a database of companies believed to beryllium engaging successful ‘energy boycotts’ and barroom them from winning authorities banking contracts.”
“When I spell astir the state… I impulse each idiosyncratic spell backmost location … [and] whoever your fiscal advisor is, ‘am I invested successful ESG successful my status accounts,'” helium said, explaining however galore radical are amazed to find retired they are and that they tin instrumentality “individual action” arsenic well.
Republican authorities treasurers from crossed the state launched their strategies against leftist Environmental, Social, and Governance (ESG) policies astatine the State Financial Officers Foundation league past week. https://t.co/WOF92CEWc5
— Breitbart News (@BreitbartNews) November 21, 2022
Moore further explained that fiscal advisors that privation you to put successful places that see ESG policies “want to destruct the industries that not lone powerfulness our authorities [West Virginia] and the country, but besides supply jobs and taxation revenue, and is our mode of life… I get messages each the clip from constituents each implicit the authorities of West Virginia that person moved retired of this money oregon that fund.”
Moore, the recently announced legislature candidate, added that arsenic the authorities treasurer, he’s been focused connected “human flourishing,” portion helium has been up against people that privation to ore connected ESG policies “focused on… limiting quality interaction connected the globe.”
“They privation to person little of us, not much of us, that by their ain admission, they person said the mode that renewable vigor is going to beryllium ‘sustainable’ successful the system successful the grid is to person fundamentally little humans connected the planet,” helium added. “And World Economic Forum has said that, and everybody other who was enactment these ideas guardant has talked astir that — this is control. This is each astir control. It’s each astir control. It’s not astir quality flourishing. It’s not astir outcomes for individuals. It’s not astir the maximization of quality imaginable for the moving people radical of my authorities and astir the country.”
West Virginia State Treasurer Riley Moore announced Monday that helium volition tally successful the state’s Second Congressional District to halt “woke firm activism.”
— Breitbart News (@BreitbartNews) November 22, 2022
On Monday, erstwhile helium announced his bid for the state’s Second Congressional District, Moore said helium would beryllium a combatant “for American vigor against woke firm activism.” He aims to regenerate Rep. Alex Mooney (R-WV), who presently represents the legislature territory but has besides announced a bid to oust Sen. Joe Manchin (D-WV) successful 2024.