Investment into ESG green energy-approved projects has already peaked with a massive drop off since last year — a stunning 20% decline.
https://www.zerohedge.com/markets/global-esg-bond-issuance-records-first-ever-annual-decline
This is highly significant.
These projects are just burning capital that’s going to cost more to acquire later (which ensures that they will go broke faster — even in “funny money” terms). This will erode the globalist’s power bases (Blackrock, State Street, Vanguard).
Basically, this means that ESG is going to be a harder and harder sell. And companies will return to oil and other existing energy sources because ESG was untenable from the beginning.