Today, the Texas Public Policy Foundation praised Florida Gov. Ron DeSantis for his stance on what he rightly called the “woke ideology” of ESG investing, and his promises to exclude climate factors from state investment decisions. So-called climate-minded investing is nothing more than an imposition of policies that neither voters nor Congress have approved, while increasing the burden of higher energy prices on working class Americans.

“I commend Gov. DeSantis for his leadership in joining with Texas and a growing coalition of states to oppose the woke ESG ideology attacking our energy industry,” said Robert Henneke, general counsel and executive director for TPPF. “Especially under the Biden energy crisis, we need energy companies to have full and fair access to financial markets. These proposed policies are also important to protect the fiduciary duty owed to state investments and retirees.”

“The un-American agenda of the climate cartel is an affront to the principles of liberty that founded our country,” said Jason Isaac, director of TPPF’s Life:Powered initiative. “We applaud the stand that Gov. Desantis made against the ESG agenda. His decision will protect Floridians and will encourage other states to take action to protect pensioners and taxpayers.”