Free Republic

Brief represents the first time the Trump administration has weighed in on green investing issues.. The Federal Trade Commission is throwing its weight behind a high-profile federal lawsuit led by 12 Republican-led states accusing three of the world's largest asset managers—BlackRock, State Street, and Vanguard—of artificially constricting the coal market in violation of U.S. antitrust laws, the Washington Free Beacon has learned. The filing in the case is a remarkable move that represents the first time the Trump administration has waded directly into an issue or case related to environmental, social, and governance (ESG) policies. Led by powerful asset managers...

Denver airport’s air traffic control was reportedly struck by a staggering six-minute outage earlier this week after several radio transmitters suddenly went dark. The frequency outage meant that as many as 20 pilots were unable to reach air traffic controllers as they descended into Denver International Airport on Monday afternoon, ABC7 reported, citing sources. A controller eventually made contact with one aircraft on a “guard line,” which is typically only used when a pilot is in distress. That pilot was then able to contact other nearby planes and tell them to switch radio frequencies, the sources said. At the time...

Vermont Governor Phil Scott paused the state’s electric vehicle sales requirements for passenger cars and medium and heavy-duty trucks on Tuesday, amid broader concerns about the feasibility of zero-emission vehicle rules pioneered by California. Vermont is one of 11 states including New York, Maryland and Massachusetts that have adopted California’s zero-emission vehicle rules, which seek to end the sale of gasoline-only vehicles by 2035. California’s rules require 35% of light-duty vehicles in the 2026 model year to be zero-emission models. Scott, a Republican, cited warnings from automakers that they could limit supply of gas-powered vehicles to dealers in the state...

Sir Tony Blair has called for a major rethink of net zero policies, arguing that limiting energy consumption and fossil fuel production is "doomed to fail". In a new report, the former Labour prime minister says voters "feel they're being asked to make financial sacrifices and changes in lifestyle when they know the impact on global emissions is minimal". He does not call for Labour to halt its push to decarbonise the UK economy - but says all governments need to rethink their approach, as it is not working. The Tories - who have joined Reform UK in opposing net...

Spain and Portugal achieved net zero on Monday, but not the way anyone would want to achieve net zero: By going back to the cavepeople times with no electricity. According to the New York Times:A major power outage hit Spain and Portugal on Monday afternoon, abruptly shutting down daily activities, halting trains and subways, cutting off traffic lights, closing stores and canceling or delaying some flights.Hours after the power shut off around 12:30 p.m. Central European time, stranding tens of millions of people across the Iberian Peninsula, officials remained at a loss as to the cause, though several denied any...

A major power outage hit Spain and Portugal on Monday, including their capitals, knocking out subway networks, phone lines, traffic lights and ATM machines. A graph on Spain's electricity network website showing demand across the country indicated a steep drop around 12:15 p.m. from 27,500MW to near 15,000MW. A couple of hours later, Spain's electricity network operator said it was recovering power in the north and south of the peninsula, which would help to progressively restore the electricity supply nationwide. In Portugal, a country of some 10.6 million people, the outage hit the capital, Lisbon, and surrounding areas, as well...

A Southern California mayor is under fire for wanting to eliminate his city’s homeless population by giving them “all the fentanyl they want” — a shocking remark he reinforced by calling for a federal “purge.” Lancaster Mayor R. Rex Parris shared his controversial views during a Feb. 25 city council meeting when a resident took issue with the city’s attempt to address the homeless crisis by “enclosing” the unhoused at an abandoned golf course near a residential neighborhood. “What I want to do is give them free fentanyl,” Parris said as he interrupted the woman’s comments, according to footage of...

Achieving Net Zero in 25 years would need a “complete transformation” of the UK’s agricultural and food system that would in effect mean a diet devoid of beef, lamb and all dairy products, according to the latest work from the Government-funded UK FIRES. Look at the research that governing elites commission and read, not what they say. UK FIRES takes an absolute view of Net Zero and bases its work on existing technologies, not the pie in the sky inventions still to come and the whacky schemes that cannot reach economic scale. UK FIRES is an influential body since it...

British Steel, the U.K.’s last bastion of primary steelmaking, announced plans to shutter its two blast furnaces at Scunthorpe, effectively ending 150 years of virgin steel production in Britain. Media outlets have rushed to pin the blame on U.S. President Donald Trump’s recent 25% tariffs on steel imports. But this narrative is a convenient distraction from a far more insidious culprit: the U.K. government’s relentless pursuit of self-destructive green policies that have crippled British manufacturing for nearly a decade. During the Industrial Revolution, Britain’s steel industry forged the island’s ascent as a global superpower. Steel was the sinew of progress,...

The Big Three used the power they derive from investing other people’s money to force compliance with a radical political goal. A recent House Judiciary Committee report details how America’s largest financial institutions, colluding with climate activists, imposed radical environmental policies on the American economy, subverting both our self-government and free markets. It focuses on the successful effort to insert climate activist directors on the board of energy giant ExxonMobil. According to the report, there is “substantial evidence of a ‘climate cartel’ of financial institutions” including the “Big Three” asset managers (BlackRock, State Street, and Vanguard), several massive state pension...

EXPLOSIVE: “It is good that the Chinese currency has become the global reserve currency.” Is Canada's Mark Carney the REAL Manchurian Candidate? And does Mark Carney want to TANK the US Dollar? “Yet another ‘impartial’ British bureaucrat goes into left-wing politics. At @bankofengland, Carney backed ruinous Net Zero policies and money printing. The British state is completely rigged. A new Government in 2029 needs to dismantle this apparatus.” That’s how former British Prime Minister Liz Truss summed up the selection on X — NOT ELECTION — of Mark Carney as the new Liberal Party of Canada leader and soon to...

Sensational new discoveries arising from long-forgotten early aerial photographs indicate that ice has remained stable and even grown slightly since the 1930s over a 2,000 km stretch of East Antarctica. In a recent paper published in Nature Communications, researchers from the University of Copenhagen came to their conclusions by tracking glacial movement in an area with as much ice as the Greenland ice sheet. The findings are unlikely to feature in narrative-driven mainstream media. The silence will probably replicate the response to another recent paper that found the ice shelves surrounding Antarctica grew in overall size from 2009-2019. The Copenhagen...

Wow, who knew that setting insane and arbitrary emission goals to “net zero” would be an exercise in utter futility, eh Reuters? The climate-obsessed Reuters had somewhat of a red-pill moment in a February 28 item when it admitted that the “pursuit of net zero carbon emissions has been a resounding failure.” For an outlet that once advocated for the Nobel Peace Prize to be doled out to juvenile eco-delinquent Greta Thunberg, this must have been a hard pill to swallow. Reuters conceded that “[d]espite trillions of dollars spent on renewable energy, hydrocarbons still account for over 80%, opens new...

The recent Telegraph headline rang out of England recently with unsettling tones: Tenth of farmland to be axed for net zero More than 10 per cent of farmland in England is set to be diverted towards helping to achieve net zero and protecting wildlife by 2050, the Environment Secretary will reveal on Friday. Swathes of the countryside are on course to be switched to solar farms, tree planting and improving habitats for birds, insects and fish. The move comes on the back of an aggressive and highly unpopular inheritance tax placed on generational farmers by British politician Rachel Reeves that...

A Labour/gov't spokesman on TV the interviewer asks why energy bills are going up and he says they'll be coming down in 2030 as we head for cleaner energy, onshore wind, costs will come down and thousands of new jobs will be created. "So why are bills going up now"? He simply would not answer. As he fumbled through the interview I could take no more. Sick of the lies. The UK will either go dark, bankrupt or both because of this "Net Zero" policy! Biggest policy failure I can ever remember and the UK and Europe will pay the...

Peter Hitchens tears Net Zero to shreds, to the dismay of BBC panellists and audience members. "We didn't just close down our coal fired power stations, we blew them up, we were so certain we were right to do so. At the same time, China is building the equivalent of two new coal fired power stations a week. India has a vast expansion programme of coal fired power stations." "The contribution which this country is making to these outcomes is not merely minimal, it's non-existent. Everything that we do is completely blotted out by what much larger countries are doing...

Retail giant swats back at a conservative activist group ... In a steady parade of companies retreating from their diversity efforts, Costco Wholesale is standing out by holding fast. Ahead of its annual meeting next week, the warehouse retailer has urged its shareholders to reject a proposal .... Major companies from McDonald’s to Meta Platforms have faced pressure to reconsider diversity, equity and inclusion policies. That pressure has been amplified by anti-DEI boycott threats and ... In Costco’s case, a conservative activist group is pushing the company to compile a report on the risks posed by its initiatives. “It’s clear...

‘A lot of companies got way out over their skis on this, but the law hasn’t changed,’ Tennessee Attorney General Jonathan Skrmetti said.. After years of applying the progressive environmental, social, and governance (ESG) ideological framework to their corporations, executives appear to now be realizing that these programs could be driving their companies into a legal and financial wall. The past year has seen a growing list of Fortune 500 companies announcing that they are dropping race- and gender-based programs for their employees and pulling out of global net zero climate clubs. Companies that have announced they are canceling or...

Blackrock Inc. is the latest to announce it has left a United Nations-backed Net-Zero Banking Alliance (NZBA), among several within one month and not soon after Donald Trump was elected president. It did so as it and roughly 60 companies are being investigated by Congress for allegedly colluding as a “woke ESG cartel” to “impose radical environmental, social, and governance goals on American companies.” Last month, Goldman Sachs was the first to withdraw from the alliance, followed by Wells Fargo, The Center Square reported. Citigroup, Bank of America, Morgan Stanley and JPMorgan next announced their departure. According to the "bank-led...

Less than three weeks ago, on December 23, in a post on optimism about the potential demise of the green energy fantasy, I took note that two of the largest U.S. banks had just quit something called the “Net Zero Banking Alliance.” The two were Goldman Sachs and Wells Fargo. These two banks, along with many others, including all of the biggest ones, had joined the NZBA as it was getting organized under auspices of the UN back in 2021. NZBA, together with other related groups organized around the same time, aspired to be cartels of financial institutions that would...