“All of these E.S.G. funds are wrong. They weren’t going to generate better returns. They are not going to make the world a better place. E.S.G. as an investment thesis should be entirely shut down.”
– Terrence Keeley. Quoted in “How Wall Street Turned Its Back on Climate Change,” New York Times, January 18, 2026.
“Six years after the financial industry pledged to use trillions to fight climate change and reshape finance,” the New York Times front-page article began, “its efforts have largely collapsed.” The reality documented in “How Wall Street Turned Its Back on Climate Change“? Net Zero and decarbonization are unnatural, uneconomic modes of business and economic organization, and businesses are getting back to the basics of fiduciary duty and consumer service. [1]
“2025 may go down as the easiest year in history to retreat on climate pledges,” stated UK climate activist Chris Bowden on social media.…
Ed. Note: The previous successes of the Heartland Institute in the EU/UK have been chronicled here and here. This post provides the latest DeSmog “expose” of Heartland’s successes, which is a fundraising/donation coup for James Taylor, as he explains below.
DeSmog’s investigative hit pieces are backfiring, which should concern financial supporters of this Left Progressive group. The latest example was amplified by James Taylor, head of the Heartland Institute and architect of its climate-related programs in the U.S. and abroad.
“Last week,” his recent fundraising letter went, “one of our loudest critics accidentally told the truth.” Taylor continued:
…An activist website called Desmog published an article attempting to attack The Heartland Institute. Instead, it exposed just how far our influence now reaches. The article maps Heartland’s growing network across the UK and Europe.
Ed Note: This (re)post from two-and-a-half years ago is reproduced below (verbatim) given its continuing relevance to the climate debate today.
A recent piece in Climatewire by Scott Walderman, “‘Doomerism’: Why scientists disagree with Biden on 1.5 C,” begins:
Damned. Lost. Done. President Joe Biden keeps saying the world as we know it will be gone if global temperatures rise beyond 1.5 degrees.
Which led Michael Mann (a leading climate scientist/activist) to complain that Biden’s pitch was “misleading and unhelpful.” Mann continued:
It indeed feeds doomerism since there’s a very real possibility that we will fail to limit warming below 1.5 C. If we miss that exit ramp, we don’t continue headlong down the fossil fuel highway. We get off at the earliest possible exit.
“Doomerism” Everywhere?…