[XutvJet]

Originally Posted by Car-Addicted

Larry Fink (BlackRock) says ESG is so yesterday and the useful idiots clap like seals and say please sir can I have another.

BlackRock’s Fink Calls For Energy Pragmatism, Omits ESG From Annual Letter
In the 2024 Chairman’s Letter to Investors, Fink avoided the phrase ESG. This is not a surprise. Following the conservative backlash of 2023, Fink stated he will no longer be using the term ESG, as it had become too political. He is opting instead for terms like stakeholder capitalism, sustainable investing, or climate investing.

https://www.forbes.com/sites/jonmcgo...h=56dd581a4df2

Odd how so many states are devesting their portfolios from Black Rock and Vanguard over ESG when ESG doesn't exist?

BlackRock is a huge client of ours. Read the article you just posted. Fink said ESG is too policital a phrase anymore. You can blame the righ-wing hardliners and the ignorant for that one. Sure, ESG is not perfect (it's still a relatively new thing) but the way some of the Right presents it couldn't more wrong, misguided, and not factual. I know, it's hard to believe politicians and certain media present things this way.

BtW, BlackRock’s corporate ESG statement:

https://www.blackrock.com/lu/interme...sg-integration

[M5Rick]

Originally Posted by Car-Addicted

Planning on some "Range Anxiety" Saturday. Competing in a IDPA shoot at the gun range.

I go from time to time to let off steam at my gun club range but not at this time.

[Car-Addicted]

Originally Posted by XutvJet

Sure, ESG is not perfect (it's still a relatively new thing) but the way some of the Right presents it couldn't more wrong, misguided, and not factual. I know, it's hard to believe politicians and certain media present things this way.
BtW, BlackRock’s corporate ESG statement:
https://www.blackrock.com/lu/interme...sg-integration

I read it, but did you?
"Because we believe that climate risk is investment risk, BlackRock’s active portfolio managers seek to understand how they can use environmental, social, and governance (ESG) data as a lens to identify new risks and opportunities, and to build more resilient and better performing portfolios. We call this practice “ESG integration”, or simply, “integration”."

‘The public is being lied to’: Elon Musk says major money funds like BlackRock, Fidelity ‘inflicted’ ESG on American investors — as states like Texas move to ban these policies
“We don’t basically do some sort of like bizarre, like communism rebranded thing, which is like a lot of what ESG is and to be inflicted upon corporate America without the knowledge of the actual shareholders, which is what's going on,” he said during a 2023 discussion with GOP presidential candidate Vivek Ramaswamy on X Spaces.
“The public is being lied to … And I'm naming names here: BlackRock, Fidelity … I know you guys and you need to tell your customers that you're not making the optimal decisions for shareholder value because that's what's going on,” he said.
According to projections by PwC, global asset managers are expected to increase their ESG-related assets under management to $33.9 trillion by 2026.
(lot of money for something that doesn't exist?)
“The big firms that you hear, BlackRock, you know, Vanguard, all them, they’re like, they’re setting themselves up for the biggest class-action lawsuit in the history of class-action lawsuits by an order of magnitude, because they're breaking the deal with their customers and they're not maximizing shareholder value,” he told Ramaswamy.
https://moneywise.com/investing/inve...esg-principles

OOPS
The end of ESG? BlackRock admits adverse effects in SEC filing
BlackRock’s penchant for ESG is already coming back to bite it in the behind. In its annual filing with the Securities and Exchange Commission, the financial behemoth openly admitted its ESG activism poses a serious risk to its business. In the company’s words, the House of Cards could tumble “if BlackRock is not able to successfully manage ESG-related expectations.”
I was almost excited to see BlackRock openly admit its obsession with ESG is a problem — until I realized the company seems to be more worried about its image than the well-being of its clients.
The idea that one can simply cherry-pick investments that align with a single political agenda without sacrificing any financial opportunity flies in the face of decades, even centuries, of investing wisdom.
It’s clear BlackRock is trying to hide and change its language when discussing ESG. It’s ironic that BlackRock fears the exact tactics — public backlash, reputation damage, and losing clients — the ESG mob uses to coerce businesses into compliance with its political agenda.
https://www.washingtontimes.com/news...ffects-in-sec/

I guess some folks just don't get it. I dumped BlackRock two years ago after reading Larry Fink's year end statement. Best decision I have made in a while.

[Car-Addicted]

Originally Posted by Weather Man

Security researchers have discovered a method that uses a $169 Flipper Zero device to deceive Tesla owners into relinquishing control of their cars to a malicious third party, enabling the vehicle to be unlocked and even driven away.

Easy target, Tesla owners were already deceived at the point of sale. Second part of story should be "this has not proven to be a problem because thieves don't want EV's as they prefer Ford F-Series pickups, Honda Civic's and Toyota Camry's. You know vehicles people want"

Sorry I was never one to pass up low hanging fruit.

[gblansten]

Originally Posted by Car-Addicted

Easy target, Tesla owners were already deceived at the point of sale. Second part of story should be "this has not proven to be a problem because thieves don't want EV's as they prefer Ford F-Series pickups, Honda Civic's and Toyota Camry's. You know vehicles people want"

Sorry I was never one to pass up low hanging fruit.

Sounds like I have a car that is unlikely to be stolen. My days continue to brighten.

[crAbb]

When will they learn?

WE DON'T WANT THEM!

https://www.mlive.com/news/2024/03/f...P5Msl0kYC_6uLo

[M5Rick]

Originally Posted by Weather Man

A suspect fleeing LAPD officers in a stolen Tesla was foiled when the vehicle's battery ran out of juice during a chase Thursday.

The owner of a Tesla Model S reported the vehicle stolen at about 11:35 p.m., KTLA-TV reports. Police located the car in the Los Angeles' Koreatown neighborhood, and the chase began.

During the chase, the car's owner informed police when the car's battery was down to 1%. Finally, the vehicle's battery lost its charge, and LAPD officers arrested the suspected car thief.

How can you steal a Tesla? Did the owner leave the key or card under the door mat

[M5Rick]

Originally Posted by crAbb

When will they learn?

WE DON'T WANT THEM!

https://www.mlive.com/news/2024/03/f...P5Msl0kYC_6uLo

When will the electric shock reach Bozo and he finally takes his blinkers off.

[M5Rick]

Originally Posted by Weather Man

How many times do we have to hear plugs say "they'll get mad at me if I talk" ? "They" are the ones behind the Green Insanity.

So ''they'' know they are talking absolute poppycock and stringing the public along for the sake of going with the greenie flow or else they will be thrown out of their positions.

[Car-Addicted]

Originally Posted by gblansten

Sounds like I have a car that is unlikely to be stolen. My days continue to brighten.

Going through life with your cup half full is a good philosophy that will serve you well.

[Car-Addicted]

Climate The Movie (The Real Truth): Martin Durkin Official.

This is one of the most honest and fact filled reviews of the Green Grift. It is not overly scientific but has the critical trends addressed to help anyone know the truth. It is not short at one hour 20min but if you try it you are likely to watch the entire video.

[Efthreeoh]

Originally Posted by gblansten

Sounds like I have a car that is unlikely to be stolen. My days continue to brighten.

Me too; they are manuals.

[P1]

Oh no!

https://www.edmunds.com/car-news/fis...rm-update.html

https://www.greencarreports.com/news...freezes-trades

[Schn3ll]

Originally Posted by P1

Oh no!

https://www.edmunds.com/car-news/fis...rm-update.html

https://www.greencarreports.com/news...freezes-trades

Play stupid games, win stupid prizes.

All those EV startup early adopters, please contact me immediately. I have bridges for sale and know many Nigerian princes that need help!

[gonzo]

Snotty BBC know-it-all gets fileted.

https://t.co/j0KAwRwWgr

[gblansten]

I drove my green insanity shitbox pinto EV aka BigControlSystem today and tried the FSD for the first time. I let it take me to work. Did pretty well. I turned it off on a longer boring stretch because it was going a bit slower than the flow of traffic. I prefer to drive. I've a month to experiment with it though.

This concludes my TED talk.

[Car-Addicted]

Electric vehicle explodes inside Boulder garage: 'Sounded like an aircraft had crashed'

Everyone evacuated safely Saturday morning after an electric vehicle started smoking and exploded in a garage.
Once on the scene, fire crews requested additional support after the vehicle exploded.
“Firefighters remain on scene ventilating the home that filled with smoke during the incident and working to remove the vehicles safely from the garage,” said Boulder Fire-Rescue on social media.
https://www.denver7.com/news/local-n...boulder-garage

Not a April fools but fools are involved.

[gblansten]

Originally Posted by Car-Addicted

Electric vehicle explodes inside Boulder garage: 'Sounded like an aircraft had crashed'

Everyone evacuated safely Saturday morning after an electric vehicle started smoking and exploded in a garage.
Once on the scene, fire crews requested additional support after the vehicle exploded.
“Firefighters remain on scene ventilating the home that filled with smoke during the incident and working to remove the vehicles safely from the garage,” said Boulder Fire-Rescue on social media.
https://www.denver7.com/news/local-n...boulder-garage

Not a April fools but fools are involved.

Volvo XC60 PHEV - hybrid. Not clear what exploded.

[Car-Addicted]

Why plug-in hybrids consume (much) more fuel than expected
A recent study published by the European Commission reports that plug-in hybrid cars are actually considerably more polluting than carmakers claim. On average, they produce around 3.5 times the emissions that they theoretically should, with drivers using more fuel than initially estimated.
To explain this difference, the report points out that drivers don't typically use these hybrids in electric mode as often as they could, whereas in testing, the automakers use them in an optimized way. Owners of these vehicles make much more medium- to long-distance journeys on secondary or trunk roads, where the combustion engine is put to work, rather than at low speeds in town, where the electric motor takes over.
https://www.msn.com/en-us/autos/news...9c1d365a&ei=19

Lugging around 800lbs of batteries increases fuel consumption. Who Knew?

[gblansten]

Originally Posted by Car-Addicted

Why plug-in hybrids consume (much) more fuel than expected
A recent study published by the European Commission reports that plug-in hybrid cars are actually considerably more polluting than carmakers claim. On average, they produce around 3.5 times the emissions that they theoretically should, with drivers using more fuel than initially estimated.
To explain this difference, the report points out that drivers don't typically use these hybrids in electric mode as often as they could, whereas in testing, the automakers use them in an optimized way. Owners of these vehicles make much more medium- to long-distance journeys on secondary or trunk roads, where the combustion engine is put to work, rather than at low speeds in town, where the electric motor takes over.
https://www.msn.com/en-us/autos/news...9c1d365a&ei=19

Lugging around 800lbs of batteries increases fuel consumption. Who Knew?

Not a fan of PHEVs either.

[King_Leonard]

EV tires are 50% more expensive and replaced 20% more often.

[gblansten]

Originally Posted by King_Leonard

EV tires are 50% more expensive and replaced 20% more often.

When you come from an M5 then this is a moot point.