Nervy Investors Rip Up ESG Playbooks in Election Supercycle.

INVESTORS; EXCHANGE traded funds; TAX incentives; PORTFOLIO management (Investments); ENVIRONMENTAL policy; ELECTIONS; SHORT selling (Securities)

Investors are reducing their exposure to environmental, social, and governance (ESG) assets due to concerns raised by candidates in global elections about the costs and speed of emissions reduction efforts. Sectors such as renewable energy and electric cars have been particularly affected. Clean energy firms have experienced volatility following recent polls in India, South Korea, and Europe, although some have since recovered. In the US, a backlash against green principles and the potential for a new Donald Trump presidency have led to a surge in liquidations of ESG-aligned exchange-traded funds. [Extracted from the article]

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