Anti-ESG Policy Is, Actually, One More Way To Fund Fossil Fuels - CleanTechnica

Source: cleantechnica
Author: @cleantechnica
Published: 7/2/2025
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Read original articleThe article from CleanTechnica highlights the contradiction and consequences of anti-ESG (Environmental, Social, and Governance) policies, particularly their role in perpetuating fossil fuel financing despite the urgent need for a clean energy transition. It underscores that clean energy, including solar and wind supported by battery storage, is now the most cost-effective and essential solution to meet growing energy demands in North America and Europe. However, fossil fuel interests—including think tanks, trade associations, and dark money groups—continue to resist this shift by promoting misinformation and lobbying aggressively to protect their profits, risking the creation of stranded assets. The article references Elisa Morgera, UN special rapporteur on human rights and climate change, who argues that wealthy fossil fuel nations are legally obligated to phase out fossil fuels by 2030 and compensate affected communities, while also calling for bans on fossil fuel advertising, lobbying, and greenwashing.
The piece further details how anti-ESG legislation—106 bills introduced in 2025 alone—has slowed
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energyclean-energyfossil-fuelsclimate-changeenergy-transitionrenewable-energybattery-storage