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John Schroder on Energy & Oil

 

 


Allow oil and gas sectors to lead the energy transformation

Definitions of ESG vary, but it broadly centers around investing that takes sustainability and climate risks into account. Bloomberg estimates ESG assets will top $41 trillion by the end of the year.

In an interview, Schroder, a longtime former state representative who has described his efforts as a "crusade" against ESG, said his push represented a stand for Louisiana's economy, and wasn't calibrated for political gain. He said he wasn't "against the environment" either. Instead, he said massive corporations like BlackRock are trying to "force our behavior based on their politics."

"Those who live in Louisiana are abundantly aware of the environmental issues our state faces," Schroder said in an email. "I am for allowing the energy and oil and gas sectors to lead the energy transformation. They don't need financial firms to tell them what to do. Let them lead the way."

Source: The Advocate on 2023 Louisiana Gubernatorial race , Dec 5, 2022

Other governors on Energy & Oil: John Schroder on other issues:
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Sharon Hewitt
Shawn Wilson
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Gary Chambers
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