Elon Musk took to Twitter this month to speak the truth: “ESG is a scam.” Attacks from left-wing “wacktivists” ensued, while Mr. Musk sat back and grabbed his popcorn, clearly relishing the outrage and “woke” backlash. But for every blue check criticizing Mr. Musk, there were just as many people cheering him on, applauding this voice of reason and courage emerging from the muck of business leaders who have embraced Environmental, Social and Governance standards to appease the woke.

You may have heard of the newest wolf in sheep’s clothing coming from the Left: Environmental, Social, and Governance (ESG) investing. Consideration of ESG factors in investing means that fiduciaries can place woke politics over profits and stability when making decisions about their client’s portfolio. West Virginia this week took an admirable stance against ESG by dumping Blackrock from its banking transactions after recognizing that Blackrock’s support for net zero emissions is at odds with the flourishing of a state whose economy is quite literally fueled by the coal, oil, and natural gas industries.

Say goodbye to Warren Buffett and the traditional investment metrics of value, growth potential, an economic moat, and a company’s strong leadership. It’s time to embrace the new true way of investing: the government-mandated disclosure of the Environmental, Social and Governance (ESG) impact of a company. Or so some want you to think.