Does ESG cause wildfires by utilities?

Texas Attorney General has launched an investigation into whether decisions based on ESG by 3 energy companies contributed to the 2024 Texas Panhandle wildfires. In the words of the Attorney General, “It is unconscionable that utility companies might have sacrificed infrastructure maintenance, public safety, and the well-being of our Texas communities for radical ESG and DEI goals. If any companies connected to these devastating fires have violated Texas law, they will be held accountable. We will not stop fighting for those who were victimized by these fires.”