CMD is working hard to shine a light on the dark money groups carrying Big Oil’s water.
- Last winter, CMD was the first to break the story that ALEC was pushing a radical new model bill to bar states from conducting any business with banks and financial firms that divest from fossil fuels—perversely named the “Energy Discrimination Act.”
- And just this month, CMD revealed that ALEC’s energy task force—made up of industry lobbyists and GOP legislators—voted to adopt an even more radical model bill calling for states to blacklist any business that considers any “social, political, or ideological” factors to limit their commercial relations with fossil fuel, logging, mining, or agricultural industries.
ALEC’s radical measure would authorize state governments to scrutinize corporate speech for any “evidence” that a company is taking into account environmental, social, and governance (ESG) factors—along with issues of diversity, equity, and inclusion (DEI)—in its business practices. It would prohibit state contracts based on a company’s “branding, advertising, statements, explanations, reports, letters to clients, communications with portfolio companies, statements of principles,” and so forth, or even a company’s association with “any coalition, initiative, joint statement of principles, or agreement” that the government deems unacceptably “woke.”
Meanwhile, CMD has exposed how the State Financial Officers Foundation (SFOF)—which is basically ALEC for Republican state treasurers—is plotting to push similar bills in more than 20 states next year.
Big Oil and the Right want to make ESG the next cultural battleground—like last year’s fake critical race theory crisis—to divide and distract us from the growing climate emergency.
So CMD will be working overtime in the coming year to expose the latest assaults on climate progress, but we can’t do it without you!
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