GUTERRES USES FEAR TO PUSH CLIMATE CONTROL, S&P DITCH ESG, & MORE

Published: Aug. 10, 2023, 7 a.m.

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Be afraid. Be very, very afraid. United Nations chief Antonio Guterres on Thursday night rolled out some of his most apocalyptic climate rhetoric to date declaring \\u201cthe era of global warming has ended, the era of global boiling has arrived.\\u201d\\xa0S&P Global no longer includes environmental, social, and corporate governance scores in its debt ratings after facing scrutiny over the practice many see as politically leaning and unnecessary. The credit ratings agency has been monitoring and rating companies' efforts regarding ESG on a scale of 1-5 since 2021 but decided late last week to ditch the analysis. Plus more on today's episode.\\xa0

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