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Why are US investors losing interest in green investments?
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Good question.
US investors are losing interest in green investments due to the repeated attacks on "woke capitalism" by Republicans. High-profile Republican figures have campaigned against the use of investment strategies that penalize fossil fuel producers, arguing that such strategies have elevated environmental aims above asset managers' primary responsibility of earning the best possible return on their clients' investment. This political backlash against asset managers who take a position on environmental, social and governance issues in the US has started to dampen appetite for ESG strategies, analysts say.
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Benjamin Z Miller
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