ESG comes undone — BlackRock, JP Morgan abandon “Climate Action 100+”
The biggest climate bullies on the planet just got a bit smaller. There are two monster climate banker clubs in the world, and yesterday, one of them, the “Climate Action 100+” lost three of the six largest asset management funds in the world, namely JP Morgan Chase, State Street and BlackRock.
State Street manages about $3.6 trillion in funds, JP Morgan Chase about $3 or $4 trillion, and BlackRock $10 trillion, so that’s something like $17,000 billion dollars that just left the ranch. The fact that this kind of money was all grouped together in a cabal of any sort is bad enough, but ponder that now, after the biggest fish have left the tank, there’s still $50 trillion left in assets on the inside.
It appears the Climate Action 100+ group had grown too big for its boots — the new Climate Action 100+ “phase 2” strategy expected asset managers to actively hound companies to cut their emission...
https://joannenova.com.au/2024/02/esg-comes-undone-blackrock-jp-morgan-abandon-climate-action-100/
From Richmond to Ottawa: Indigenous Land Claims Threaten Private Property Rights Across Canada
The Continuing Perversity of Civil Asset Forfeiture
A Richmond, B.C. man who’s owned his home since 1975 claims he has just been told his mortgage will not be renewed — because the B.C. Supreme Court granted title of his land to the Cowichan Tribe. After nearly 50 years of paying taxes, maintaining his home, and contributing to the community, his lender has informed him that his property no longer qualifies as secure collateral. The reason? His land title is now contested under an Indigenous land claim.
“I’ve owned my land for decades,” he said. “I’m not giving it up without a fight.” The homeowner received the news by letter and said his mortgage company refused renewal due to the uncertainty surrounding ownership. “I paid taxes, I paid for my place. Now, lo and behold, I don’t own it. Not fair.”
The court ruling in B.C. marks a historic precedent — and now it’s ...
Started on FB and everyone is losing their minds over the back to work order for teachers. Even Notley posted. I have been following this before they went out on strike and listened to Shilling blabber and change the story on talk shows. I may offend some but such is life but I don't care what has to happen to get kids back in the school of THEIR choice and stop this insanity. If you work for the taxpayer you should have no right to strike or threaten to in solidarity. I don't know the answer but what has happened for more years than not is not working. Abolish Unions and school boards also as they implement basically what the union wants - not Alberta Ed. Also put the special needs coded kids in their own classrooms all together and not with the ones there to learn. Sorry but if severe they will never learn like the others.
