Florida Lawmakers Don’t Know What They’re Doing With ESG

Watch out, woke investors—Ron DeSantis is coming to get ya, even if it means screwing over his own constituents.

On Tuesday, DeSantis signed into law a bill that forbids state and local governments in Florida from investing public money into funds and entities that consider environmental, social, and governance factors—or ESG. House Bill 3 is a sweeping law with lots of implications for both money within the state as well as the GOP’s larger culture wars.