Business
‘A Huge Win’: Woke Climate Cartel Goes Belly Up
From the Daily Caller News Foundation
By Owen Klinsky
The Net Zero Asset Managers (NZAM) coalition — a United Nations–sponsored collection of financial services companies that have pledged to negate their portfolio’s greenhouse gas emissions by 2050 or sooner — suspended activities after investment firm BlackRock announced its departure from the group, according to a press release.
BlackRock, which manages more than $10 trillion and has been a leader in environmental, social and governance (ESG) investing, announced its exit from NZAM Thursday, with its Vice-Chair Philipp Hildebrand saying the firm’s involvement in the environmental coalition “caused confusion regarding BlackRock’s practices and subjected us to legal inquiries from various public officials.” Now, NZAM has pressed pause altogether, halting operations while it conducts a review of its activities, an NZAM press release published Monday said.
JUST IN: The UN-backed Net Zero Asset Managers (NZAM) group has announced that it will be shutting down completely, following @BlackRock‘s departure. pic.twitter.com/o5htgvFEiH
— Will Hild (@WillHild) January 13, 2025
A slew of other financial services had left NZAM prior to BlackRock’s Thursday exit, including Goldman Sachs Group, Wells Fargo & Co., Citigroup, Bank of America, Morgan Stanley and JPMorgan Chase & Co. BlackRock’s exit came amid a broader corporate strategy shift away from ESG investing, with the firm only supporting about 4% of the 493 environmental and social investment proposals that shareholders put forward between the end of June 2023 and the end of June 2024, down from a rate of 47% in 2021.
BlackRock was a major supporter of ESG investing in years prior, with CEO Larry Fink saying in 2020 that “climate risk is investment risk” and that climate change would lead to a “fundamental reallocation of capital.”
“The destruction of NZAM is a huge win for consumers,” Will Hild, executive director of the conservative nonprofit Consumers’ Research, told the Daily Caller News Foundation. “Although there is a lot of work left to be done, what was effectively a cartel of asset managers has finally ceased taking the focus of businesses off of consumers, raising prices for everyday Americans everywhere from the gas pump to the grocery store.”
When reached for comment, NZAM referred the Daily Caller News Foundation to its press release.
Europe calls it transparency, but it looks a lot like teaching the internet who’s allowed to speak.
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When the European Commission fined X €120 million on December 5, officials could not have been clearer. This, they said, was not about censorship. It was just about “transparency.”
They repeat it so often you start to wonder why.
The fine marks the first major enforcement of the Digital Services Act, Europe’s new censorship-driven internet rulebook.
It was sold as a consumer protection measure, designed to make online platforms safer and more accountable, and included a whole list of censorship requirements, fining platforms that don’t comply.
The Commission charged X with three violations: the paid blue checkmark system, the lack of advertising data, and restricted data access for researchers.
None of these touches direct content censorship. But all of them shape visibility, credibility, and surveillance, just in more polite language.
Musk’s decision to turn blue checks into a subscription feature ended the old system where establishment figures, journalists, politicians, and legacy celebrities got verification.
The EU called Musk’s decision “deceptive design.” The old version, apparently, was honesty itself. Before, a blue badge meant you were important. After, it meant you paid. Brussels prefers the former, where approved institutions get algorithmic priority, and the rest of the population stays in the queue.
The new system threatened that hierarchy. Now, anyone could buy verification, diluting the aura of authority once reserved for anointed voices.
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However, that’s not the full story. Under the old Twitter system, verification was sold as a public service, but in reality it worked more like a back-room favor and a status purchase.
The main application process was shut down in 2010, so unless you were already famous, the only way to get a blue check was to spend enough money on advertising or to be important enough to trigger impersonation problems.
Ad Age reported that advertisers who spent at least fifteen thousand dollars over three months could get verified, and Twitter sales reps told clients the same thing. That meant verification was effectively a perk reserved for major media brands, public figures, and anyone willing to pay. It was a symbol of influence rationed through informal criteria and private deals, creating a hierarchy shaped by cronyism rather than transparency.
Under the new X rules, everyone is on a level playing field.
Government officials and agencies now sport gray badges, symbols of credibility that can’t be purchased. These are the state’s chosen voices, publicly marked as incorruptible. To the EU, that should be a safeguard.
The second and third violations show how “transparency” doubles as a surveillance mechanism. X was fined for limiting access to advertising data and for restricting researchers from scraping platform content. Regulators called that obstruction. Musk called it refusing to feed the censorship machine.
The EU’s preferred researchers aren’t neutral archivists. Many have been documented coordinating with governments, NGOs, and “fact-checking” networks that flagged political content for takedown during previous election cycles.
They call it “fighting disinformation.” Critics call it outsourcing censorship pressure to academics.
Under the DSA, these same groups now have the legal right to demand data from platforms like X to study “systemic risks,” a phrase broad enough to include whatever speech bureaucrats find undesirable this month.
The result is a permanent state of observation where every algorithmic change, viral post, or trending topic becomes a potential regulatory case.
The advertising issue completes the loop. Brussels says it wants ad libraries to be fully searchable so users can see who’s paying for what. It gives regulators and activists a live feed of messaging, ready for pressure campaigns.
The DSA doesn’t delete ads; it just makes it easier for someone else to demand they be deleted.
That’s how this form of censorship works: not through bans, but through endless exposure to scrutiny until platforms remove the risk voluntarily.
The Commission insists, again and again, that the fine has “nothing to do with content.”
That may be true on a direct level, but the rules shape content all the same. When governments decide who counts as authentic, who qualifies as a researcher, and how visibility gets distributed, speech control doesn’t need to be explicit. It’s baked into the system.
Brussels calls it user protection. Musk calls it punishment for disobedience. This particular DSA fine isn’t about what you can say, it’s about who’s allowed to be heard saying it.
TikTok escaped similar scrutiny by promising to comply. X didn’t, and that’s the difference. The EU prefers companies that surrender before the hearing. When they don’t, “transparency” becomes the pretext for a financial hammer.
The €120 million fine is small by tech standards, but symbolically it’s huge.
It tells every platform that “noncompliance” means questioning the structure of speech the EU has already defined as safe.
In the official language of Brussels, this is a regulation. But it’s managed discourse, control through design, moderation through paperwork, censorship through transparency.
And the louder they insist it isn’t, the clearer it becomes that it is.
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Yakk Stack
(Only 5 Days Left!) Claim Yours Before It’s GONE FOREVER
Hey, all.
Imagine this…you’re slicing into that fresh loaf from Loblaws or just making a Wonder-ful sammich, the one you’ve bought hundreds of times over the years, and suddenly… ka-ching!
A fat check lands in your mailbox.
Not from a lottery ticket, not from a side hustle – from the very store that’s been quietly owing you money for two decades of illegal price fixing.
Sound too good to be true?
It’s real.
It’s court-approved.
And right now, on December 7, 2025, you’ve got exactly 5 days to grab your share before the door slams shut. Don’t let this slip away – keep reading, feel that spark of possibility ignite, and let’s get you paid.
Back in 2001, you were probably juggling work, kids, or just surviving on that weekly grocery run. Little did you know, while you were reaching for the President’s Choice white bread or those golden rolls, Loblaws and their cronies were playing a sneaky game of price-fixing. They jacked up the cost of packaged bread across Canada – every loaf, every bun, every sneaky sandwich slice. For 20 years. From coast to coast to coast.
And now…the courts have spoken. $500 million in settlements to make it right. That’s not pocket change – that’s your money, recycled back into your life.
Given the number of people who will be throwing in a claim…this ain’t gunna be life-changing cash…but also, given the cost of food in Canada, it’s better than sweet fuck all, which you will receive by NOT doing this.
If you’re a Canadian resident (yep, that’s you, unless you’re in Quebec with your own sweet deal), and you’ve ever bought bread for your family – not for resale, just real life – between January 1, 2001, and December 31, 2021… you’re in.
No receipts needed.
No fancy proofs.
Just you, confirming your story, and boom – eligible.
Quick check: Were you under 18 back then?
Or an exec at Loblaw?
Nah, skip it.
But for the rest of us everyday schleps…Jackpot.
Again…the clock’s ticking on this.
Claims opened on September 11, 2025, and slam shut on December 12, 2025.
That’s this Friday.
Payments roll out in 2026, 6-12 months later, straight to your bank or mailbox.
Here’s what you need to do…
- Breathe deep, click → HEREQuebec frens →HERE
- 10 second form that’s completed by your autofill…30 seconds off of a mobile device.
- Hit submit and wait for that sweet cash to hit your account.
Again…this won’t be life saving money and most certainly ain’t gunna hit your account before Christmas.
And before you go out an Griswald yourself into a depost on pool in the backyard…you may only end up with enough cash for the Jam-of-the-Month…the gift that truly does give, all year round…just be a little patient.
If you end up with a couple of backyard steaks in time for summer…
Some treats for the children or grandchildren…
Maybe just a donation to the foodbank…
This is what’s owed to you. Your neighbors. Friends. Family.
Take advantage!
A look inside the ‘floatel’ housing B.C.’s LNG workforce
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