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	<title>Money magazine Comments - Six things you need to know about ESG</title>
	<description>Concerned that ESG investments may underperform? Confused about greenwashing? We separate fact from fiction.</description>
	<link>https://www.moneymag.com.au/feed/latest?story=179805391</link>
	<lastBuildDate>Sat, 17 Aug 2024 10:38:50 +1000</lastBuildDate>
	<pubDate>Sat, 17 Aug 2024 10:38:50 +1000</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Money magazine</copyright>
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		<title>Money magazine Comments - Six things you need to know about ESG</title>
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		<title>Comment by Peter Ralph ()</title>
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<p><p>In years to come ESG will be seen for the rort it is. Hot rocks, waves, green hydrogen, regional vistas being destroyed, flora and fauna, being decimated, a huge expansion of mining and forest and mountain destruction, 83% of solar panels being buried at the end of their life ... this to make a few grifters mega rich. Australia is destroying itself to save 43% of 1.3% of nothing, which will have no impact on world emissions or temperatures. Crazy. Florida Governor Ron DeSantis recently signed a law that prohibits the use of environmental, social and governance (ESG) factors in state and local investment decisions and government contracting processes. On our market, Australian Ethical Investments has come from $15 to $4 ... the best advice I can give you is that when you see a fund promoting ESG think, &quot;Grifters trying to steal my money.&quot;</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Peter Ralph ()</dc:creator>
		<pubDate>Sat, 17 Aug 2024 10:38:50 +1000</pubDate>
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