Published today in The Hill, Unlocking America’s Future spokesperson Kyle Herrig penned an op-ed on the reasons behind the demise of Ron Desantis’ bid for president. Spoiler: it’s his attacks on responsible investing (ESG). While Desantis and his anti-ESG counterpart in the Republican race, Vivek Ramaswamy, captured headlines early on for their divisive rhetoric attacking businesses, the final stages of their campaigns proved it was a losing strategy, Herrig argues.
“But the fates of Desantis and Ramaswamy should come as no surprise. Poll after poll has shown that attacks against responsible investing are political losers. Across party lines, Americans overwhelmingly support corporations’ efforts to invest responsibly, and 70 percent of Republicans oppose government interference on this.”
The op-ed goes on to explain how the attacks in the 2024 GOP presidential race are part of a broader strategy to dismantle responsible investing by the oil and gas industries.
“On Capitol Hill, corporate polluters have mobilized their network of federal elected officials, to whom they have given more than $86 million in combined campaign donations over their political careers, to systematically attack the U.S. Securities and Exchange Commission’s proposed climate disclosure requirements.”
You can read the full op-ed at the link here.