What is ESG, and why Oklahoma fighting pro-environmental policies?

What is ESG, and why Oklahoma fighting pro-environmental policies?
What is ESG, and why Oklahoma fighting pro-environmental policies?

Oklahoma’s Republican lawmakers are pushing back on environmentally conscious investment programs, a political effort they say protects the state’s oil and gas economy while also combating “woke ideology.”

But many of those pro-environmental policies Oklahoma is fighting against are embraced by the same multinational corporations the state is aggressively trying to recruit with millions in tax incentives. 

Oklahoma recently lost out to Ontario, Canada, for a new Volkswagen facility to build electric car batteries, despite offering more than $700 million in tax breaks.

Canada’s own tax incentives, proximity to raw materials and access to clean energy were cited by the German automaker as reasons for its site selection.