News Analysis Sustainable investing has turned into one of the biggest trends in the finance industry, representing 33 percent of total U.S. assets under management. While investing in assets managed with environmental, social, and governance (ESG) consideration has been primarily driven by institutional investors, money managers say the retail side has grown exponentially. Last year, investors parked more than $51 billion in net new money in ESG open-end and exchange-traded funds, the fifth consecutive annual record, Morningstar discovered. With U.S. President Joe Biden proposing to spend significant sums of taxpayer dollars on climate change, and governments worldwide concentrating on the green economy, it had been anticipated that ESG funds would continue to accelerate. However, when energy demand is outpacing renewable supplies and traders are witnessing opportunities in non-renewable stocks, could ESG investing cool down until conditions normalize? Greenwashing Concerns Hurt ESG Sector Is ESG investing risky, or is it a maturing market …