8/12/2025, 8:00:00 PM | The Daily Signal | news
The Foreign Attack on U.S. Energy: Exposing the Climate Cartel’s War on American Energy
State attorneys general, including Florida's James Uthmeier and Kansas's Kris Kobach, are launching investigations into environmental groups such as CDP and the Science Based Targets initiative, alleging they operate as a 'climate cartel' by coercing U.S. companies into paying for climate disclosures and net-zero pledges under the guise of transparency. The investigations focus on antitrust and consumer-protection violations, including market manipulation, deceptive trade practices, and punishment of non-participating companies. These efforts are supported by financial institutions like JPMorgan and BlackRock, which are being warned by 21 state financial officers to stop using ESG metrics that disadvantage American energy producers. Major energy firms including Shell, Aker BP, and Enbridge have withdrawn from the Science Based Targets initiative, citing opposition to halting oil and gas development. The article argues that foreign-funded ESG initiatives, particularly those linked to China, are undermining U.S. energy independence and that federal and state policies should prohibit government contracts with entities participating in such systems. The broader goal is to dismantle what is described as a global network of climate activism and ESG pressure that favors foreign influence over domestic energy innovation and market freedom.