A short YouTube video (by Courtney Moeller) discussing ESG trends in real estate and oil & gas investing. The speaker notes that major firms (e.g., BlackRock) are rolling back or ending ESG programs, and argues that industries like oil and gas operate more efficiently and cleaner than decades ago, so the sector is not the same as 50–100 years ago.
We saw a lot of it in the news over the course of this last several years. And now a lot of the major companies, including BlackRock, are rolling up their ESG programs. They're getting rid of them. And so this is such a, you know, touchy, sensitive subject. And, you know, obviously, I don't want to be somebody that's contributing to, you know, destroying our environment or anything like that, but these companies are operating a lot more efficiently and a lot cleaner than what they did, you know, 50 years ago, and they're leaving things differently than they did. And so it's not the same industry as it was 50 and 100 years ago.
