At the end of last year, 11 Republican State Authorityys General filed a case with significant, unintentional, and a relatively different result of the energy market. Of course, the energy industry and the price of Americans pay for that energy balance.
Texas Attorney General Ken Paxton, Target the case “Big Three” Financial Asagers Managers: Blackrock, State Street and Vanguard. The main accusation is that managers manipulate energy markets by denialing coal investment.
The complaint says these financial companies hold traditional energy sources by claiming the purposes of claiming “Green Energy” companies.
Supporting evidence is weak. As reported at the time, the large three companies participated in environmental efforts aimed at working businesses in different industries, and producing long-term sharehander value.
These three companies have since left many coalition initiatives that they have previously been delivered to; Street Street and Blackrock left the climate member 100+, and Vanguard and Blackrock left from net zero asset managers initiative. These decisions have earned a widespread attention, with companies citing various reasons and all that assures their commitment to give the best investment of their clients.
However, in their time as participants, the claims of the case, the accused plot to lower coal prices. It appears that the truth is where hinges are hinged. That claim is wrong, to be generous.
In fact, the decrease in coal resulted from economic and market trends. Especially inexpensive and efficient energy options, such as natural gas and changes, slowly but continue to lead, a trend happening for years.
The more useful economic and productive energy agenda will allow all energy sources to induce freely and openly that consumers can access reliably, cheap and safe energy. An artificially interrupted in the energy market, as in this case lead, produces imbalances between supply, demand or investment, which can cost consumers.
Any effort to reinstate artificial investment – by encouraging or discouraging specific businesses – distorts the long-term fulfillment of the loud advertising.
To update America’s infrastructure reduction and continue to develop the energy demand, we need extensive investment in fossil fossils or nuclear technologies and nuclear technologies.
The construction of a lived and prosperous future of energy requires carrying the principles that inspire variation of energy sources and environmental repair and environmental stewardship.
MArio Lopez is president of Hispanic Leadership Fund / Indoncesces
