Honey, Joe Biden just shrunk our pension
https://www.washingtonexaminer.com/opinion/honey-joe-biden-just-shrunk-our-pension
Workers and retirees are angry about this decision — as they should be. ESG is effectively a tax on your retirement funds, and it means you will have a smaller nest egg when you retire than if the money managers simply bought the top-performing stocks. Workers don’t want politics diluting the returns on their 401(k) plans and other pension accounts.