Texas Sues Companies for Collusion on Climate Agenda
Crossroads with Joshua Philipp
The Epoch Times
4.9 • 594 Ratings
🗓️ 29 November 2024
⏱️ 58 minutes
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| 0:00.0 | Good morning, everyone. I hope you had a great Thanksgiving. |
| 0:12.0 | I had some time with my family. I hope you did too. Thank you for tuning in and listening on Black Friday. |
| 0:17.0 | But under the news, Texas is now suing some of the major investment firms and their |
| 0:23.3 | role in the climate agenda. Ken Paxton, the Texas Attorney General, he is alleging now in a new |
| 0:29.5 | lawsuit, actually, that Black Rock, State Street, Vanguard, these big companies, that they've engaged |
| 0:35.2 | in a conspiracy, he says, to artificially constrict |
| 0:39.3 | energy markets with anti-competitive trade practices. |
| 0:43.3 | And he's brought forward a lawsuit against these firms for their role in this alleged climate |
| 0:48.3 | agenda. |
| 0:49.3 | And interestingly, there's also been a shift taking place, kind of on the cultural side, |
| 0:53.3 | along these same lines. |
| 0:55.3 | And it now seems the shift is having a ripple effect through businesses, like look at Walmart, |
| 0:59.5 | for example, Walmart is getting rid of its DEI, diversity, equity, and inclusion policies. |
| 1:06.5 | These things are on their way out. And interestingly as well, even when it comes to ESG and BlackRock |
| 1:12.6 | and so on, even those firms are dropping it for the most part. Now, I'll be deep diving into all this |
| 1:18.9 | today, so let's jump into it. First of all, Texas is now suing major investment firms for their |
| 1:25.8 | role in the climate agenda. |
| 1:27.7 | Ken Paxton, the Texas Attorney General, |
| 1:29.7 | he announced the lawsuits earlier this week |
| 1:32.2 | and alleges that Black Rock, State Street, and Vanguard |
| 1:36.6 | have engaged in a conspiracy |
| 1:39.2 | to artificially constrict energy markets. |
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