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Connecting today’s news with the research & opinion you need.
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Not How This Works

 

What to Know: The CEO of Citi says banks must “have the courage” to walk away from investments that don’t fit their climate agenda.

 

The TPPF Take: Environmental, social, and governance (ESG) investing does a disservice to shareholders.

“Denying financing to American energy producers based on political pressure kills good-paying jobs, increases our cost of living, and reduces the capital available to invest in the energy technologies of the future — while giving a leg up to less responsible energy producers,” says TPPF’s Jason Isaac. “The less energy the United States is free to produce, the more we and our allies are forced to rely on hostile, unstable nations with lax environmental and labor standards.”
8.27.20 - Snapshot
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Public Safety

 

What to Know: Instead of defunding the police, the city of San Antonio is boosting its police budget.

 

The TPPF Take: Defunding the police is a dangerous policy.

“Budget cuts decrease the ability of a police agency to train its officers and hamper its ability to attract quality recruits,” says TPPF’s Randy Petersen. “Furthermore, it will reduce its ability to use innovative programs to improve public safety and public relations.”
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More Money for What?

 

What to Know: Even as students (and their parents) demand refunds from colleges that have gone online due to COVID-19, some colleges are instead charging new fees for “distance learning.”

 

The TPPF Take: Colleges are working hard to make themselves less relevant during the pandemic.

“One effect of COVID uncertainty this fall is that many students and families are reevaluating the cost of college,” says TPPF’s Erin Valdez. “They are exploring other pathways and the growing demand for lower cost, higher benefit options will lead to innovation. The pressure is now on higher education, including community colleges, to refocus on their missions and create more value for students.”