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ESG Backlash Sparks Investment Challenges
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Overview
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BlackRock faces backlash over ESG investments as Texas withdraws $8.5B, sparking challenges in ESG funds due to energy security concerns and climate regulations. Major oil companies express skepticism towards rapid energy transitions amidst the intensifying battle between pro and anti-ESG factions.
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How could the skepticism of major oil companies towards rapid energy transitions shape the future of the energy industry and ESG investments?
How might BlackRock respond to the withdrawal of $8.5B from Texas, and what impact could this have on the firm's ESG investments?
What strategies can ESG funds employ to navigate challenges posed by energy security concerns and climate regulations?
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