State's Handling of ESG Policy Is Inconsistent

The state legislature foolishly wants to fight against ESG, all while Governor Burgum and the executive branch embrace it. And now we are outsourcing our investing to someone who uses ESG as a metric.

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Jan 26, 2023

∙ Paid

This week the main bill (HB 1429) looking to boycott companies that use ESG (Environmental Social Governance) as a metric for investing or banking. The video testimony is worth a watch if you have the time.

ESG University

ND Introduces ESG Boycott Bill

The state of North Dakota has introduces it’s second ESG Boycott Bill this year. HB 1429 State Representatives Novak, Koppelman, Louser, J. Olson, S. Olson, Porter, M. Ruby, Thomas and State Senators Elkin, Magrum, Rummel. This ESG Boycott Bill includes coal, oil and gas energy industries but also guns and agriculture…

2 years ago · 2 likes · Jason Spiess

Yesterday’s news from Governor Doug Burgum about hiring TV-investment celebrity Kevin O’Leary to help North Dakota invest in private companies is a prime example.

ESG University

Kevin O'Leary & Gov Doug Burgum's Wonder Fund Is Absolutely Wonderful For North Dakota's Acceptance of ESG

It appears North Dakota Governor Doug Burgum and Commerce Commissioner Josh Teigen are going full steam ahead with the ESG Movement despite the state legislature introducing several “ESG Boycott” bills with more boycott bill filings rumored to come…

2 years ago · 1 like · 1 comment · Jason Spiess

Back in 2021 Kevin O’Leary announced he would only invest in Bitcoin mined with clean energy. That’s an ESG investing model! The very investing model the North Dakota Legislature is trying to divest out of!

If you look at his LinkedIn profile, he posted a year ago that he wants to get ahead of regulation and quote “Writing is on the wall for public $BTC mining companies that think they can fool investors by buying carbon credits to cover up their dirty, carbon belching ways. They will never survive a carbon audit. Government policy is starting to shut them down all around the world. They give a bad name to those of us wh…

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