Republicans who lead the House Financial Services Committee plan to spend the next few weeks holding hearings and voting on bills designed to send a clear signal: Corporations, in particular big investment managers, should think twice about integrating climate and social goals into their business plans. Committee conservatives will target the process in which advocates pressure public companies to adopt environmental, social and governance (ESG) goals using the shareholder voting process.

So they're explicitly saying that corporations are not allowed to even plan to avoid destroying the planet. Short-term profit must be the goal, even at the ultimate price. Republicans have a death wish for us all.

wait i thought republicans were against regulations.

Climate change is going to affect corporations as much or more than the will affect every other person on the planet. Corporations cannot ignore what is happening without risking becoming extinct. themselves. Greenwashing will not help our situation. But the slowest and least intelligent dinosaurs lead the worst of the problem causing industries. Until they are forced to help, they will not lift a finger.

These mangers, by law, are required to take care of their owners (stockholders) interests, first. As such, moral arguments are worse than a waste of time. Moral arguments divert attention away from what must be addressed.