NextEra Energy: The King of Green Power
For most of its first eight decades, Florida Power and Light (FPL) was a traditional power company. But this had changed by 2010, when FPL rebranded itself as NextEra Energy.
greenwashing
NextEra Energy: The Sierra Wind Turbine Club
Federal wind and solar subsidies for NextEra alone have already exceeded billions of dollars. NextEra is just one of many firms soaking up other people’s money to create trivial amounts…
NextEra Energy: “Exceedingly Rare” Incidents
Needless huge eyesores on the landscape aren’t the only threats presented by weather-dependent power companies. On March 28, 2023, a NextEra-managed wind turbine in rural western New York caught fire.
NextEra Energy: Not So Rare
A “rash of recent wind turbine malfunctions across the US and Europe, ranging from failures of key components to full collapses” and that some “industry veterans say they’re happening more…
Capital Research, October/November 2022
In the October/November 2022 issue of “Capital Research,” BlackRock gets the “greenwashing” treatment, and a high school teacher exposes critical race theory in her school. Robert Stilson explores the role…
BlackRock: Nonprofit Allies
Depending on your appetite for cynicism, greenwashing is either the mortal enemy or the duplicitous ally of the environmental, social, and corporate governance (ESG) movement. ESG was created by activists…
BlackRock: Policy or Posturing?
In May 2021, with BlackRock's support Engine No. 1, a tiny hedge fund few had then heard of, won three seats on the 12-member board of Exxon. These new board…
BlackRock: Drill, Baby, Drill!
In July 2022, BlackRock reported "a sharp drop in its support for environmental and social-related shareholder resolutions." Context is important. That same month BlackRock announced that it had lost $1.7…
Ceres Inc.: The ESG Old Guard
In 1989, decades before the abbreviation “ESG” was in common media usage, the nonprofit Ceres Inc. was founded to promote left-leaning climate and economic governance at major investment firms and…
Anheuser-Busch InBev: Lame Leadership on Land Use
A March 2017 CNBC headline showed a royal greenwashing treatment at work for the King of Beers: “Beer giant Anheuser-Busch InBev commits to 100 percent renewable energy.” More green scrubbing…