Two of the largest private equity firms in the U.S. and the world, Vista Equity Partners and Blackstone, respectively, are now backing the adoption of Environmental, Social, and Governance (ESG) measures in Arizona’s utility companies.
The two globalist ESG-focused companies acquired Energy Exemplar on Halloween. Energy Exemplar owns Aurora Software Consulting Services, used by Arizona’s utilities to provide all modeling and analysis for the resource plans submitted to Arizona Corporation Commission (ACC).
The resource plans submitted by Arizona Public Services (APS), Tucson Electric Power (TEP), and UniSource Energy Services (UNS) Electric largely align with the energy transition directives set forth by Net Zero by 2050.
“Consistent with these overall trends in the energy market. APS has committed to being 100% clean and carbon free by 2050,” stated the APS resource plan.
“[Our resource plan] outlines the sources we anticipate using to satisfy customers’ need for reliable, affordable energy over the next 15 years while working toward a new, long-term objective of net zero direct greenhouse gas emissions by 2050,” stated TEP.
“[Our company has a] long-term transition to zero carbon emissions by 2050,” stated UNS Electric.
The International Energy Agency (IEA) — of which the U.S. is a member — came up with Net Zero by 2050, the roadmap to globalize the energy sector by total decarbonization, or achieving net zero carbon emissions, by 2050. Blackstone and Vista Equity Partners are among the biggest financial backers of the effort.
Specifically, Net Zero by 2050 aims to eliminate all emissions-producing energy sources (namely fossil fuels) by replacing them with less reliable renewable energy sources like solar and wind, bioenergies like biomethane, or hydrogen and hydrogen-based fuels; instituting greater energy efficiency measures, such as reducing appliance energy consumption and reducing heating and cooling temperature consumption; and electrifying all fossil fuels-based products, such as cars, buses, trucks, heat pumps, and furnaces for steel production.
The campaign also aims to institute behavioral changes among the world’s populace, such as replacing driving with walking, cycling, or public transit, and in some cases foregoing flights entirely.
By 2030, the campaign proposes to introduce eco-driving and motorway speed limits of 60 miles an hour, phasing out gas cars in large cities (dubbed “ICE” cars, which stands for “internal combustion engine”), reducing “excessive” hot water temperatures, reducing the average weight of a passenger car by 10 percent, limiting the average space heating temperature to about 68 degrees and average space cooling temperature to 77 degrees.
By 2050, the campaign proposes to replace regional flights with high-speed rail, preventing business and long-haul leisure air travel from exceeding 2019 levels, improving fertilizer use efficiency by 10 percent, and reducing the use of “energy-intensive” materials per unit floor area by 30 percent.
The Biden administration is fully on board with Net Zero by 2050; the State Department issued its own roadmap on the matter in November 2021.
Blackstone, which manages about $1 trillion in assets, has committed to supporting the globalist goal of net zero by 2050. Per its 2022 climate-related financial disclosures report last year, the company estimated that it would take $115 trillion to reach net zero by 2050. The company invested about $100 billion toward that goal last year, and launched a dedicated credit platform for their ESG goals.
In 2021, Vista Equity Partners was among the first American private equity firms to join the Net Zero Asset Managers (NZAM) initiative. They pledged to reduce their $100 billion in portfolio companies’ emissions by 50 percent by 2030 and emit net zero greenhouse gas emission across their portfolio by 2050.
NZAM, launched in December 2020, is a formal partner of the United Nations Framework Convention on Climate Change’s Race to Zero Campaign. NZAM is regarded as the world’s largest climate finance alliance, with over 300 companies maintaining about $64 trillion in assets as of September. Blackstone is not part of NZAM.
As reported last month, ACC responded to controversy over utilities’ implementation of ESG policies with the claim that it lacked the authority to ban them from doing so.
Corinne Murdock is a reporter for AZ Free News. Follow her latest on Twitter, or email tips to corinne@azfreenews.com.
An Arizona State University (ASU) law school professor deleted a viral tweet detailing a racially-motivated verbal attack against Muslims after it was publicly exposed as a fake.
ASU professor Khaled Beydoun shared a picture in which an individual allegedly called another a “dirty Arab” and told them to go back to the Middle East. Beydoun alleged that an Instagram follower sent him the picture of the exchange (archived here). Khaled’s alleged follower purportedly responded that he was unable to return to the Middle East because the U.S. “gave Israel $14 billion last week to destroy it (Gaza).”
However, users on X (formerly known as Twitter) added a Community Note pointing out that the alleged racial attack message was in blue; on Instagram, that means the complainant sent the racial attack message to himself or herself.
“Blue on Instagram means that the message was sent from his own phone,” said the fact-check note. “Khaled presumably sent the racist message to himself.”
Jen Wright, Arizona’s former assistant attorney general, also debunked Beydoun’s post, and criticized ASU for hiring a supporter of a designated foreign terrorist organization, Hamas, to teach courses advocating for Islam.
“Manufacturing bigotry for clicks is not a very inspiring image for @ASUCollegeofLaw,” said Wright. “Why does @ASUCollegeofLaw have a Hamas propagandist who fakes victimhood and lies about the war in the Middle East teaching Islamaphobia [sic] & about Race & the Law?”
Why does @ASUCollegeOfLaw have a Hamas propagandist who fakes victimhood and lies about the war in the Middle East teaching Islamaphobia & about Race & the Law?@asu has a wannabe Jessie Smollet on staff ginning up racial tensions. 🤦🏻♀️
Beydoun teaches two courses at ASU, both with an apparent progressive social justice slant: “Race and the Law,” and “Islamophobia and the Law.” ASU hired Beydoun in June.
Beydoun responded to the debunking of his post by emphasizing that he received the image from another individual, and claimed that those who fact-checked him were “bigots.” Beydoun didn’t apologize for the false claim.
“But people don’t read sadly,” said Beydoun. “If was [sic] flagged by bigots who didn’t read the caption then removed. Done deal, bigger fish to fry.”
Wright pointed out that Beydoun, with his massive platform (nearly 295,000 followers on Twitter and over 1.4 million followers on Instagram), was undertaking actions to exacerbate divisions.
“@ASU prof deletes post after using his platform to spread fabricated hate to gin up hysteria,” said Wright. “As someone teaching Islamaphobia [sic] @ASUCollegeofLaw, he must know that manufactured hate begets more hate, increasing tensions. Why add fuel to a powder keg on the verge of explosion?”
.@ASU prof deletes post after using his platform to spread fabricated hate to gin up hysteria.
As someone teaching Islamaphobia @ @ASUCollegeOfLaw, he must know that manufactured hate begets more hate, increasing tensions.
Wright pointed out that Beydoun also deleted another false post which used pictures from the war in Syria to accuse the Israel government of war crimes. Wright questioned Beydoun’s academic worth based on his consistent issuance of false information.
“[Beydoun] should know to fact check so he doesn’t make false & defamatory claims,” said Wright. “If he doesn’t fact check his posts, does he fact check his curriculum?”
Looks like he deleted the other post that used pictures from Syria in 2017 to lodge false accusations against @IsraeliPM alleging @IDF WAR CRIMES.
Beydoun’s latest book, “The New Crusades: Islamophobia and the Global War on Muslims,” included a foreword written by Kimberlé Crenshaw; she is credited for popularizing Critical Race Theory (CRT). In her foreword, Crenshaw noted that Beydoun was one of her Critical Race Studies students in 2001.
Last week, Beydoun also claimed that another one of his followers had ordered his book but had received a book on Israel instead.
Beydoun announced that all sale royalties would go to Gaza, governed by Hamas.
Following Hamas’ initial terrorist attack on Israel, Beydoun posted a quote from Malcolm X alluding that Hamas was the true victim and Israel was the true oppressor.
“Be careful. Ethnic cleaning [sic] becomes possible and permissible when you paint an entire people as terrorists,” said Beydoun. “‘If you’re not careful, the newspapers will have you hating the people being oppressed, and loving those doing the oppressing.’ – Malcolm X.”
Corinne Murdock is a reporter for AZ Free News. Follow her latest on Twitter, or email tips to corinne@azfreenews.com.
Gilbert residents may face a massive water rate hike of up to 130 percent next year.
The town council discussed three proposed options for water rate increases during its two-day fall retreat last week: cash funded, bond funded, or cash/bond gradual funded. The additional funds would address issues and needs instigated by the Colorado River shortage: a sharp increase in raw water supply cost, infrastructure needs to access groundwater, and additional conservation staffing and programs.
The cash-funded option would require an immediate rate increase of 130 percent: the average monthly residential water bill would increase from $34 to $78 next April. Under this option, there wouldn’t be any new increases planned for the following two years, no new debt, an ongoing capacity of $6 million for one-time Capital Improvement Project (CIP) in the operating fund, and an ongoing Repair & Replacement (R&R) fund capacity of $73 million in the 2029 fiscal year.
The bond-funded option would require an immediate rate increase of 95 percent, increasing the average monthly residential water bill from $34 to $66 next April. Under this option, there would be no increases planned for the following two years, but there would be $205 million of new debt with $110 million of anticipated interest paid over 20 years. The one-time CIP in the operating fund would have an ongoing capacity of $2 million, and the ongoing R&R fund capacity would be $37 million in the 2029 fiscal year. The town noted that this option would have the lowest overall rate increase by total percent.
The cash/bond gradual-funded option would require an immediate rate increase of 50 percent, followed by 25 percent in one year and another 25 percent in two years. This would result in the average monthly residential water bill to increase from $34 to $51 next April, then $64 in 2025 and $80 in 2026. Under this option, there would be a phased increase and $80 million in new debt, with $43 million in anticipated interest paid over 20 years. Additionally, the one-time CIP in the operating fund would be $5 million and the ongoing R&R fund capacity would be $66 million in the 2029 fiscal year.
The Public Works Advisory Board (PWAB) recommended the town council adopt the third option: the cash/bond gradual funded. PWAB further recommended that the town council dedicate staff to research additional financial assistance relief to offset the predicted burden of their preferred rate increase.
The town council expressed a preference for the cash- and cash/bond gradual-funded options.
The town estimated that it will cost around $2.8 billion to undertake pipe replacement when due between the years 2090 and 2110. They estimated that would come down to an average 50-year cost of $76 million annually.
In addition to water rates, town residents also face a 44 percent proposed rate increase for solid waste and recycling services.
Eric Braun, assistant public works director, said that the town had recently taken on the practice of only increasing two of four utility rates at a time because they felt it would mitigate the financial impact on residents. Braun admitted that the plan to not increase rates under the cash-funded option was promissory only and liable to change.
Per a history of rate increases, the town last increased water rates in 2022 by 29.6 percent. Solid waste and recycling increased by 28.6 percent.
Last year, the town increased wastewater and environmental compliance rates by 32.4 percent and 59 percent, respectively.
Rates for all four utilities had no increase from 2019 through 2021.
The town council is scheduled to approve a notice of intent to increase water rates and fees at its Nov. 28 meeting, with a recommended public hearing date of Feb. 6, 2024.
Corinne Murdock is a reporter for AZ Free News. Follow her latest on Twitter, or email tips to corinne@azfreenews.com.
The Pinal County Sheriff’s Office won a Rocky Mountain Emmy for their video of Sheriff Mark Lamb doing “God’s work”: nabbing drivers holding up the left lane made for passing.
The four-minute video, “Stop Camping in the Left Lane,” features Pinal County Sheriff Mark Lamb as he catches drivers remaining, or “camping,” in the far-left lane reserved for passing and impeding the flow of traffic. One of Lamb’s earliest featured targets was holding up his car and several others while also driving under the speed limit.
“[A]s you know, one of my pet peeves is people camping in the left lane,” said Lamb. “So I’m out here doing God’s work today: we’re going to stop people from driving in the left lane and being inconsiderate of others.”
It appears that no tickets were issued, and therefore no wallets were harmed, in the making of the video.
Lamb was filmed monitoring traffic on the I-10 highway. The sheriff narrates from his dash cam his monitoring one Texas driver camping in the left lane, resulting in three to four other cars to pass on the right.
Lamb pulled that Texas driver over. The Texas driver responded that he “was going the speed limit,” to which Lamb informed him that the left lane is reserved for passing, not strict speed limit adherence.
The Texas driver then claimed he attempted to switch over to a right lane, but was unable to do so, to which Lamb replied that he’d been following him for “a while.”
The exchange hit a lighter note as Lamb asked the driver whether he had any weapons in the car. When the Texan answered in the negative, Lamb advised him that he should for personal safety reasons.
“Do you have any weapons in the car? No? Well, you should, it’s dangerous out there!” said Lamb.
Lamb ultimately let the Texan off with a warning and a valuable lesson about the power of the passing lane.
“It’s not about going the speed limit, it is about: the left lane is for passing,” said Lamb.
The sheriff also had a message for those who refuse to believe in the purpose of the left lane as exclusively for passing.
“And for all those know-it-alls that plan on sending me an email and telling me how wrong I am, let me save you the time: don’t bother, ‘cause I’m not going to read it anyway,” said Lamb.
Another driver took more effort on Lamb’s part to pull over. The driver of a truck hauling construction equipment on a trailer failed to notice the backup of cars behind him and Lamb signaling for him to pull over for “about four or five miles.” Lamb informed the driver that he needed to be over in one of the right lanes, to which the man insisted he hadn’t noticed the sheriff or the backup.
Again, Lamb didn’t commit to a ticket: he opted to offer a warning to the man and sent him on his way.
Corinne Murdock is a reporter for AZ Free News. Follow her latest on Twitter, or email tips to corinne@azfreenews.com.
The University of Arizona (UArizona) School of Music announced a new recording studio opportunity that excludes white and/or straight students.
In an email obtained by Libs of TikTok, UArizona School of Music administrator Marissa Garaygordobil informed students that BIPOC (black, indigenous, or people of color) students were welcome to audition for a free film scoring orchestra performance and recording opportunity in professional recording studios.
SCOOP: University of Arizona School of Music @UAZMusic, offered students an incredible opportunity to record with famous musicians and work in a professional music studio like Warner Bros or Sony.
This opportunity is only open for black students because they aim to “diversify… pic.twitter.com/w1s38sYWno
The opportunity came from the nonprofit Musicians at Play (MAP) Foundation and their annual RISE Diversity Project. Studio spaces were offered by Warner Brothers, Sony, and Fox for Feb. 17 and 18, 2024.
“RISE aims to diversify the world of film and studio recordings by assembling an orchestra of young, BIPOC musicians from all across Los Angeles to work side-by-side with professional studio musicians and perform and record in a world-class recording studio,” stated the project poster.
Although the poster itself doesn’t mention LGBTQ as a preferred qualifier for auditioning, one of the MAP Foundation organizers, John Acosta, announced on Facebook that the diversity program would also show preference to LGBTQ students.
“Musicians at Play (MAP)’s RISE 2024 Diversity Program for BIPOC/LGBTQ Music Students headed by Maestro Anthony Parnther, conductor from ages 14-27 is now open!! Free to join!! PLEASE SHARE FAR AND WIDE! DEADLINE 12/1/23,” wrote Acosta.
The opportunity also comes with four to six coaching sessions, as well as experience under Anthony Parnther, a California-based conductor who serves as the music director and conductor of the San Bernardino Symphony Orchestra and music director of the Southeast Symphony. Parnther’s recent film and TV scoring work included “Oppenheimer,” “The Mandalorian” series, “Transformers: Rise of the Beasts,” “Creed III,” “Star Wars: the Force Awakens,” and the “Paw Patrol” movie.
Parnther co-founded the RISE Diversity Project, alongside MAP founder and CEO April Williams. He noted that the opportunity was the only one of its kind in the world.
“I’m committed to seeing diversity in all areas of music where I have any influence – including on our scoring stages,” said Parnther.
The MAP Foundation receives funding and support from the National Endowment for the Arts (NEA), the state of California Arts Council, Los Angeles County Arts & Culture, and the City of Los Angeles Department of Cultural Affairs (DCA).
That last entity, the City of Los Angeles DCA, partnered with the MAP Foundation to hold the diversity project. The city last reported giving the foundation just over $5,000 for the 2021-22 fiscal year for a separate project. The city didn’t mention the amount of funding, if any, given for the RISE Diversity Program.
The NEA has given the MAP Foundation $20,000 since 2021. The California Arts Council has given the MAP Foundation over $326,600 over the years.
Corinne Murdock is a reporter for AZ Free News. Follow her latest on Twitter, or email tips to corinne@azfreenews.com.
