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Finance titans may have found Trojan Horse for ‘climate mandates’
Posted on 10/14/25 at 10:30 am
Posted on 10/14/25 at 10:30 am
Finance titans may have found Trojan Horse for ‘climate mandates’
Major global asset managers including BlackRock and Blackstone have been looking to buy power utilities across America in a move that some industry insiders warn could harm consumers, raise electricity costs and advance a climate-driven energy agenda.
In recent months, Blackstone reportedly sought regulatory approval to buy utilities in New Mexico and Texas all while a BlackRock-led group won approval Friday to purchase a major utility in Minnesota. While BlackRock and other huge asset managers have distanced themselves from environmental, social and governance (ESG) investment practices in recent years, some energy experts and consumer advocates that spoke to the Daily Caller News Foundation are concerned that buying up utilities may represent a new frontier of financial giants orchestrating “climate mandates.”
“BlackRock isn’t just influencing utilities anymore, they’re buying them. After years of ESG-driven coercion that pushed utilities to abandon reliable energy in favor of China-dependent renewables, BlackRock is now taking direct control. The result will be more of the same: higher costs, weaker grids, and millions in unpaid bills, all driven by the very climate mandates they lobbied for,” Jason Isaac, CEO of the American Energy Institute, told the DCNF. “Minnesotans should brace for more unreliable power, rising rates, and a media narrative that blames Trump for ending taxpayer-funded handouts instead of holding the woke politicians and Wall Street elites responsible for the crisis.”
LINK
Major global asset managers including BlackRock and Blackstone have been looking to buy power utilities across America in a move that some industry insiders warn could harm consumers, raise electricity costs and advance a climate-driven energy agenda.
In recent months, Blackstone reportedly sought regulatory approval to buy utilities in New Mexico and Texas all while a BlackRock-led group won approval Friday to purchase a major utility in Minnesota. While BlackRock and other huge asset managers have distanced themselves from environmental, social and governance (ESG) investment practices in recent years, some energy experts and consumer advocates that spoke to the Daily Caller News Foundation are concerned that buying up utilities may represent a new frontier of financial giants orchestrating “climate mandates.”
“BlackRock isn’t just influencing utilities anymore, they’re buying them. After years of ESG-driven coercion that pushed utilities to abandon reliable energy in favor of China-dependent renewables, BlackRock is now taking direct control. The result will be more of the same: higher costs, weaker grids, and millions in unpaid bills, all driven by the very climate mandates they lobbied for,” Jason Isaac, CEO of the American Energy Institute, told the DCNF. “Minnesotans should brace for more unreliable power, rising rates, and a media narrative that blames Trump for ending taxpayer-funded handouts instead of holding the woke politicians and Wall Street elites responsible for the crisis.”
LINK
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Posted on 10/14/25 at 10:33 am to djmed
This type of crap is what leads to eventual nationalization of assets
Posted on 10/14/25 at 10:34 am to djmed
There is also the possibility that blackrock thinks there is more money to be had by owning utilities instead of just investing in them.
No blackrock fan but when you admit the failure of renewables and your entire existence is about making money, buying utilities isn't really a surprise or concerning move in and of itself.
No blackrock fan but when you admit the failure of renewables and your entire existence is about making money, buying utilities isn't really a surprise or concerning move in and of itself.
Posted on 10/14/25 at 10:45 am to notsince98
When do we have a national conversation about Blackrock?
Posted on 10/14/25 at 10:47 am to djmed
frick these predators.
Posted on 10/14/25 at 10:50 am to NoSaint
Lot of Hamas supporters in here that don’t think that blackrock and black stone should own everything
Posted on 10/14/25 at 10:51 am to djmed
This is not that big of a deal until Blackrock pays off the local utility commissioner. There are many individual, small and large investors that invest in utilities. They offer nice tax benefits (especially MLPs) and usually earn a solid 6-12%.
Posted on 10/14/25 at 10:53 am to djmed
There need to be a limit on how much of a national economic package one entity is allowed to own.
Cannot allow wannabe oligarchs to grab more of the reins of power than they already control.
"What's good for General Bullmoose is Good For the USA" = a saying by a 'bad guy' in the
"Lil Abner" comic strip that was popular in my childhood.
I never understood it until I got a lot older -- but it was a take off on "General Motors" acquiring a lot of power back in the day.
Cannot allow wannabe oligarchs to grab more of the reins of power than they already control.
"What's good for General Bullmoose is Good For the USA" = a saying by a 'bad guy' in the
"Lil Abner" comic strip that was popular in my childhood.
I never understood it until I got a lot older -- but it was a take off on "General Motors" acquiring a lot of power back in the day.
This post was edited on 10/14/25 at 10:56 am
Posted on 10/14/25 at 10:56 am to djmed
This post was edited on 10/21/25 at 10:28 am
Posted on 10/14/25 at 10:58 am to BestBanker
ESG was pushed by these evil bastards.
frick them.
frick them.
Posted on 10/14/25 at 10:59 am to navy
This post was edited on 10/21/25 at 10:29 am
Posted on 10/14/25 at 10:59 am to ChineseBandit58
quote:
There need to be a limit on how much of a national economic package one entity is allowed to own.
There are laws for this. Just need a DOJ and congress that is not bought off to enforce said laws.
Posted on 10/14/25 at 11:16 am to ChineseBandit58
An appropriate reference would also be Milo Minderbinder’s syndicate in Catch 22 which made it in the government’s interest to get bombed by the opposing side.
Posted on 10/14/25 at 12:03 pm to djmed
A simple law passed will fix a lot. Fund managers cannot own and sell investments. This is similar to a law that prohibits banks from owning any property that is not used for bank business. This rule prevents banks from having a dual interest in real estate that could be a conflict of interest between banks and consumers.
Posted on 10/14/25 at 12:15 pm to djmed
- Consolidating our food supply into smaller and smaller corporate control
- Allowing a handful of corporations to buy up huge tracts of housing
- Allowing those same corporations to buy up energy production facilities
- Allowing media to be consolidated into the control of a smaller and smaller number of corporations
Seems like a very good plan to exert more and more control over the populace.
- Allowing a handful of corporations to buy up huge tracts of housing
- Allowing those same corporations to buy up energy production facilities
- Allowing media to be consolidated into the control of a smaller and smaller number of corporations
Seems like a very good plan to exert more and more control over the populace.
This post was edited on 10/14/25 at 12:16 pm
Posted on 10/14/25 at 12:16 pm to notsince98
quote:
No blackrock fan but when you admit the failure of renewables and your entire existence is about making money
Their entire existence isn't about making money. They are more interested in pushing a globalist agenda. Otherwise, they wouldn't be such strong advocates of DEI when we all know that it does not increase profits.
Posted on 10/14/25 at 12:18 pm to djmed
Blackrock should absolutely be banned. Confiscate their assets and auction them off
Posted on 10/14/25 at 12:18 pm to djmed
Future is gonna look like a mashup of Hunger Games and Bladerunner.
Posted on 10/14/25 at 12:27 pm to LegendInMyMind
This was the case in almost all dystopian sci-fi.
All the resources gobbled up by a number of super billionaires and massive global conglomerates that control everything.
Weyland-Yutani from Alien
Tyrell Corp from Bladerunner
E Corp from Mr Robot
Compared to what we go today ...
X, Tesla Space X, Boring Co., XAi, Starlink
Amazon, AWS, Blue Origin
Microsoft, genetic engineering and bioweapons via Big Pharma / CDC
Then you got the food supply with Tyson Foods, Smithfield, Cargill, Louis Dryfus etc.
All the resources gobbled up by a number of super billionaires and massive global conglomerates that control everything.
Weyland-Yutani from Alien
Tyrell Corp from Bladerunner
E Corp from Mr Robot
Compared to what we go today ...
X, Tesla Space X, Boring Co., XAi, Starlink
Amazon, AWS, Blue Origin
Microsoft, genetic engineering and bioweapons via Big Pharma / CDC
Then you got the food supply with Tyson Foods, Smithfield, Cargill, Louis Dryfus etc.
Posted on 10/14/25 at 12:37 pm to Stat M Repairman
quote:
was the case in almost all dystopian sci-fi.
All the resources gobbled up by a number of super billionaires and massive global conglomerates that control everything.
Weyland-Yutani from Alien
Tyrell Corp from Bladerunner
E Corp from Mr Robot
Compared to what we go today ...
X, Tesla Space X, Boring Co., XAi, Starlink
Amazon, AWS, Blue Origin
Microsoft, genetic engineering and bioweapons via Big Pharma / CDC
Then you got the food supply with Tyson Foods, Smithfield, Cargill, Louis Dryfus etc.
Now, let's start tracking all of the money they dump into the political world. We will begin to see how truly fricked we are.
Cheers, on this beautiful Tuesday afternoon!
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