The clocks tick faster in the USA than in Germany. Many trends only spill over the big pond with a slight delay. One is now being led by the Republicans of all people. In the Senate, they passed a law with which they want to put an end to Joe Biden’s “woken capitalism”. The battle terms are about money. Lot of money. In November 2022, the US Department of Labor introduced a regulation that requires pension funds to include social and ecological aspects in their investment decisions. The regulation has been in force since January 30th. American pension funds are major players in the capital markets because they manage trillions.
Essay: Green Investing is an Illusion – Economy
