"ESG investors, especially foundations and endowments, have shunned fossil-fuel investment. This has allowed the remaining investors to demand and receive higher returns. Energy-company survivors have used the lower risks and predictable cash flows associated with the fracking revolution to develop a traditional business paradigm emphasizing total return to shareholders over bold risk taking."
https://www.wsj.com/articles/biden-war-on-oil-fossil-fuels-price-profits-7e9168a3 (https://archive.ph/0EmMZ)
#Capitalism? Government.