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I think you're right for most cases. And that's OK. We still end up with an investment climate that's fossil-investment-averse, and that's good for the atmosphe
by mikro2nd 7y ago
I think you're right for most cases. And that's OK. We still end up with an investment climate that's fossil-investment-averse, and that's good for the atmosphere/ocean in the long run[1] conducive to H. sap's continued existence.
i.e. People doing the right thing for the wrong reasons is just fine. The right thing ends up being done.
[1] for some value of 'long'...
- pytester 7y ago>People doing the right thing for the wrong reasons is just fine. It's not laudable though.
- murph-almighty 7y agoI'll take "alive" over "laudable" any day of the week. I understand the desire to dig into intentions here but we're not losing if we invest less in coal.
- pytester 7y agoPotentially we are if an even more polluting investment becomes more profitable and they go for that. Gas, for instance, usually emits less CO2 but emits a lot more methane, which is ~90 times more warming. This is what coal is typically being replaced with. I'd like to know what is the point of giving investors a pat on the back for engaging in selfish behavior? It's like thanking a full tiger for not eating you.