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Wall Street Is in Bed With Crazy Climate Activists

Wall Street Is in Bed With Crazy Climate Activists

by Sarah Rehberg, DCNF
October 2, 2023
Heaven's Harvest

DCNF(Daily Caller)—Much-needed light has been shed this past year on the collaboration between investment firms, environmental activists and corporate c-suites to enact a radical Environmental, Social and Governance (ESG) agenda. Although ESG runs the gamut of overtly political left-wing causes, none have been more pervasive than the ESG crowd’s obsession with eradicating fossil fuels.

This obsession is more than a shared enthusiasm for environmental conservation. Rather, this obsession places so-called “green energy” policies above profits and has effectively become the business model of the world’s largest corporations.

But how did this happen?

This net-zero business model did not occur in a vacuum. Executives did not just wake up one day and determine that it would be wise to change their practices to paint reliable and affordable fossil fuels as evil and to advance emissions reduction goals by a mutually shared end-date.

This change is the product of years of collaboration between radical left-wing activists, private and public asset managers and woke corporate executives. Indeed, it has become increasingly clear that the corporate world’s efforts to eradicate the use of fossil fuels has been carefully orchestrated by vast “networks” of money managers, environmental and shareholder activists and corporate elitists.

The evidence of such collusion is mounting – and much has been occurring in plain sight.

Consider the tactics of Ceres, a left-wing environmental group that serves as the “collaborator-in-chief” when it comes to getting corporations to adopt net-zero carbon emissions goals. In its own words, Ceres uses “its powerful networks and global collaborations of investors, companies and nonprofits, [to] drive action….”

These “networks” include the largest asset managers and corporations. Its “Investor Network,” which includes more than 220 institutional investors managing more than $60 trillion in assets, touts some of the world’s largest asset managers and shareholders: BlackRock, State Street Global Advisors, CalPERS and both the New York City and New York State Comptrollers. It also includes labor unions like the AFL-CIO and AFSCME, and activists such as the Sierra Club Foundation and As You Sow.

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The list of corporations included in Ceres’ “Company Network” is no less remarkable. It includes: Disney, Amazon, Target, Coca-Cola, PepsiCo, Citigroup, and JPMorgan Chase, to name a few.

Participation in these networks apparently comes with a price tag. “Network Member Dues” made up more than $3.6 million – or 11 percent – of Ceres’ operating revenue in FY2021. What this suggests is that the world’s largest asset managers, like BlackRock, give money to Ceres to participate in its “Investor Network” alongside left-wing shareholder groups like As You Sow. As You Sow is responsible for spearheading net-zero emissions proposals at companies like Amazon, who is also a member of Ceres’ “Company Network” and presumably pays member dues, who then receives the As You Sow proposal, that is voted on by other “Investor Network” members like CalPERS, State Street, and yes, BlackRock.

Say what?

Despite then what appears to present massive conflicts of interest between network members, particularly asset managers and executives who have a fiduciary duty to shareholders, and between companies who are competitors, collaboration between “network” members abound, all in the name of eradicating fossil fuels.

Ceres makes no attempt to hide its collusive cheerleading. It touts its effective facilitation of “collective action” to “stabilize the climate.” And it has been so successful at deploying these tactics that it is a founding partner of Climate Action 100+, which it calls, “the world’s largest investor engagement initiative working to get the biggest corporate polluters to become net-zero businesses.” Climate Action 100+ also happens to be a “collaborator” with the “Investor Network,” demonstrating the many layers upon which these networks operate.

This handholding between corporations (who are otherwise competitors) to advance ESG initiatives and an anti-fossil fuel agenda, has caught the eye of lawmakers. That’s because antitrust laws prohibit anticompetitive business practices. And after all, aren’t the vast networks of collaboration between companies the very thing that groups like Ceres and its partners in the ESG lobby like to brag about?

Well, the ESG lobby has apparently done such a good job bragging about its partnerships that federal lawmakers are investigating whether actions by Climate Action 100+ have resulted in antitrust violations. However, Climate Action 100+ is only one of many such collaborations  being investigated, creating a veritable whack-a-mole out of the ESG climate cartel.

As House Republicans continue their efforts to address the radical ESG agenda and the threat its efforts to destroy the oil and gas industry poses to our economy and national security, it may want to consider whether targeted antitrust protections are needed to address the vast “networks” of anti-fossil fuel activists. Until then, it may also find more “collaborators” to investigate, hiding in plain sight.

Sarah Rehberg is Deputy Director of the Free Enterprise Project at the National Center for Public Policy Research.

The views and opinions expressed in this commentary are those of the author and do not reflect the official position of the Daily Caller News Foundation.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact [email protected].

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Safeguarding Your American Dream: Discover the Power of America First Healthcare

America First Healthcare

In today’s economy, healthcare costs remain one of the biggest threats to financial stability and family security. Americans work hard to build a better life, yet rising medical expenses can quickly erode savings, force tough trade-offs, and even push families toward debt or bankruptcy. Medical bills continue to rank as the leading cause of personal bankruptcy in the United States, with millions facing underinsurance or unexpected out-of-pocket burdens that no one plans for. Many turn to government-run marketplace plans under the Affordable Care Act, hoping for relief, only to discover that what appears affordable on paper often delivers higher long-term costs, limited real protection, and coverage that may not align with personal values or family needs.

America First Healthcare stands out as a private insurance agency dedicated to helping conservatives and families secure better coverage and better rates through customized, values-aligned options. By conducting free insurance reviews, the agency uncovers hidden gaps in existing policies and connects clients with private alternatives that emphasize personal responsibility, small-government principles, and genuine affordability—often delivering up to 20% savings while providing stronger protection for the American Dream.

The allure of marketplace plans is easy to understand: open enrollment periods, premium tax credits for many households, and the promise of “comprehensive” benefits mandated by law. Yet recent data reveals a different reality, especially after the expiration of enhanced premium subsidies at the end of 2025. Enrollment for 2026 dropped by more than one million people compared to the prior year, with many shifting to lower-tier bronze plans to keep monthly premiums manageable.

These plans feature significantly higher deductibles—averaging around $7,500 nationally—and greater cost-sharing requirements. Families who once paid modest amounts after subsidies now face average premium increases of $65 or more per month, even as they accept plans that leave them responsible for thousands in upfront costs before meaningful coverage kicks in.

High deductibles create a dangerous barrier to care. Studies show that people in such plans are less likely to seek timely treatment for chronic conditions, attend preventive screenings, or fill necessary prescriptions. A seemingly minor illness or injury can balloon into major expenses when patients delay care until problems worsen. For a family of four, a single hospitalization, cancer diagnosis, or unexpected surgery can easily exceed the deductible, triggering coinsurance and out-of-pocket maximums that still leave substantial bills. One recent analysis noted that some proposed changes could push family deductibles toward $31,000 in future years, further exposing households to financial risk.

Beyond the numbers, marketplace plans often carry structural limitations. Coverage for certain critical services may include waiting periods or narrower networks that restrict access to preferred doctors and specialists. Preventive care is required to be covered without cost-sharing, but everything else—lab work, imaging, specialist visits, or ongoing treatment—typically waits until the deductible is met. This reactive model contrasts sharply with the proactive, holistic approach many families prefer, especially those focused on wellness, early intervention, and maintaining health to enjoy life rather than merely reacting to illness.

Values alignment represents another growing concern. Government-influenced plans operate within a framework shaped by federal mandates and political priorities that may not reflect conservative principles of limited government, personal freedom, and ethical stewardship. Families who want to direct their healthcare dollars toward providers and benefits that honor traditional values sometimes find marketplace options feel misaligned, forcing a compromise between affordability and conviction.

Private alternatives, by contrast, offer year-round flexibility without the restrictions of open enrollment windows. Independent agents can shop across a wider range of carriers to design plans tailored to specific family needs—whether that means lower deductibles for frequent medical users, broader provider networks, or add-ons that support wellness and preventive services from day one. Clients frequently report more stable premiums that do not automatically escalate each year, along with genuine cost savings once the full picture of deductibles, copays, and coverage depth is considered.

Take the experience of real families who made the switch. Amanda C. shared that her new plan felt “way better” than what she had through the marketplace. Johnny Y. noted his previous coverage kept increasing annually until he found a more stable private option. Sofia S. expressed delight with her plan and began recommending it to others. These stories echo a common theme: when families move beyond one-size-fits-all government marketplaces, they often discover customized protection that better safeguards both health and finances.

Founder Jordan Sarmiento’s own journey underscores the stakes. In 2021, a six-day hospitalization generated a $95,000 bill. Under a well-structured private “Conservative Care Coverage” plan, his out-of-pocket responsibility would have been just $500. That stark difference illustrates how thoughtful planning and private options can prevent a medical event from becoming a financial catastrophe.

Practical steps exist for anyone questioning their current coverage. Start with a no-obligation review of your existing policy to identify gaps—high deductibles, limited critical-care benefits, or escalating premiums. Compare total projected costs (premiums plus potential out-of-pocket expenses) rather than monthly premiums alone. Consider family health history, anticipated needs, and lifestyle priorities. Private agencies can present side-by-side options that include stronger wellness incentives, broader access, and plans built on shared values of self-reliance and freedom.

In an era when healthcare inflation continues to outpace general cost-of-living increases, relying solely on marketplace solutions carries growing risk. Families who proactively explore private alternatives frequently achieve meaningful savings while gaining peace of mind that their coverage truly works when needed most.

America First Healthcare makes this exploration straightforward through its free review process. Families and individuals receive personalized guidance to close coverage holes, reduce unnecessary expenses, and secure plans that align with conservative principles—protecting wallets, health, and the American Dream without government overreach. Many who complete a review discover they can enjoy better benefits for less, often saving up to 20% while gaining the customization and stability that marketplace plans struggle to deliver.

Ultimately, protecting your family’s future requires looking beyond the marketing of “affordable” government options. By understanding the long-term costs hidden in high deductibles, shifting coverage tiers, and values mismatches, Americans can make empowered choices. Private, values-driven insurance offers a smarter path—one that rewards diligence, supports wellness, and delivers real security. For those ready to move beyond the limitations of traditional marketplace plans, a simple review can reveal options designed to serve families, not bureaucracies. The American Dream thrives when individuals and families retain control over their healthcare decisions, and thoughtful private coverage plays a vital role in making that possible.

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