What is Biden's ESG Rule?
Channel: The Christophers Show
Date: 09/06/2023

Environmental Social Governance is called Woke Capitalism. But what does that entail? One America’s Tom McGrath sat down with Christopher Glenon find out if Americans should be worried about ESG Investments.
- ESG Funds have higher risks and lower returns.
- ESG Funds have higher maintenance fees (0.34%) that are almost 3 times as much as non-ESG. (0.12%)
- Greenwashing is a fund or company claiming to be ESG compliant when they are not. As high as 1 in 4 (25%) of all companies that proclaim to be ESG are not ESG.
- Global ESG investment is expected to grow from $35 trillion to $50 trillion by 2025.
- Warren Buffet has called ESG reporting "asinine".