Experts Warn Woke ESG Investing Bubble Could ‘Sink Your Portfolio
Environment, Social, Governance (ESG) investing has become the hottest trend for woke Wall Street firms, but some experts are warning that the drive to invest in clean energy companies may be creating a bubble. James Mackintosh of the Wall Street Journal explained it like this: “Mainstream ESG investors have a choice: Accept that they make only the tiniest of differences with ESG and are likely to make less money, or keep hoping for a full-blown bubble—and aim to sell out before it bursts.”
Photo credit: Illustration: Preston Jessee/WSJ