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Sounds like coal is competing against his other investments. Pretty smart way to dress up your self-interest as a virtue.
by _red 7y ago
Sounds like coal is competing against his other investments. Pretty smart way to dress up your self-interest as a virtue.
- icebraining 7y agoRunning businesses that pollute less than the alternatives is a virtue.
- akiselev 7y agoHe's not running the businesses, he's just an investor. The former gives him power to do something about it, the latter gives him plausible deniability.
- frockington1 7y agoUntil you've made energy so expensive lower class families get an extra financial burden to handle
- icebraining 7y agoInvestment in non-fossil fuels is exactly what was needed to make them cheaper that fossil, and in many cases they already are.
- IshKebab 7y agoThis such nonsense. Green tariffs (where 100% of electricity is from renewable sources, and sometimes a bit of your gas is biogas) are essentially the same price as non-green tariffs in the UK.
- frockington1 7y agoAnd what about in Kazakhstan? Primary source of energy is from coal. Should we let them freeze because they aren't as fortunate as you to live in the UK?
- IshKebab 7y agoI don't see how that follows from anything I said.
- mhh__ 7y agoIf you motivate "bad" people to do good in the name of profit then who loses out
- frockington1 7y agoThe people who rely on cheap energy for warmth and going about their day to day activities will lose out big. When money is tight, any increase in expense can be life changing. On the other side, investors and climate activists worldwide benefit