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What is ESG and why is Glenn Beck blaming high gas prices on it?

Summary by Ground News
ESG is an acronym for environmental, social and governance standards that companies increasingly embrace. Some investors make decisions based on companies' ESG rankings, which is why Tesla's recent removal from the Standard & Poor's ESG index matters. The Biden administration is seeking to allow ESG consideration in retirement plan investing, which would be a reversal of policies under former President Trump.

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What is ESG and why is Glenn Beck blaming high gas prices on it?

Cars lined up for gas outside a Costco Wednesday, May 11, 2022, in Pewaukee, Wisconsin, when the price was less than $4 a gallon, some of the cheapest in the area.Morry Gash, Associated PressSome analysts are predicting that the average price of gas in the U.S. will hit $6 this summer because of low inventory and increased demand as Russia’s military action in Ukraine continues. But radio talk show host Glenn Beck thinks something else is respon…

·Salt Lake City, United States
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Deseret News broke the news in Salt Lake City, United States on Thursday, May 19, 2022.
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