This week, Missouri became the 14th state in the past several months to divest funds from large asset management companies and banks the state believes are making loan and investment decisions based on environmental, social, governance (ESG) standar ...
As states divest from ESG, Alabama is not leading, but will it follow?
“Simply put, we cannot be party to the crippling of our own economy.” Those were the words of Louisiana’s Treasurer, John Schroder, informing BlackRock that the Pelican State had already divested $560 million and would be liquidating all BlackRo ...
The free market should drive electric vehicle sales, not the government
“I believe Alabama is uniquely positioned to be a leader in the EV industry.” Those were the words of Alabama Governor Kay Ivey delivering the opening remarks at the Drive Electric Alabama EV Summit this past week. She continued, “We need to lean ...
ESG and the collapse of the free market
Last month, Alabama Attorney General Steve Marshall joined 19 other states in a letter to BlackRock CEO Larry Fink, challenging BlackRock’s use of ESG as investment criteria when managing state pension funds. While many people know what ESG stands ...
API survey reveals lack of transparency in local public schools
Seventy-four percent of school board members who responded to a survey conducted by the Alabama Policy Institute oppose school choice. This is in stark contrast to the overwhelming number of Alabamians, 80%, who desire state-wide school choice expan ...