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ESG is a tool that certain political parties can use to "give to their friends" and "take from their enemies". Anyone who doesn't toe the line will find their E
by indy 4y ago
ESG is a tool that certain political parties can use to "give to their friends" and "take from their enemies". Anyone who doesn't toe the line will find their ESG rating dropping (see Tesla: https://theconversation.com/how-a-sustainability-index-can-keep-exxon-but-drop-tesla-and-3-ways-to-fix-esg-ratings-to-meet-investors-expectations-183705 https://theconversation.com/how-a-sustainability-index-can-k...)
- woodpanel 4y agoBeen criticizing Tesla for years. But once Elon openly confronted cancel culture's twitterized grip on democracy all of a sudden those criticisms became newsworthy and a concern for regulators. Same with crypto: The scammy-ness and un-pleasentness (ie of funding terrorists and organized crime) was always there, but news-worthy it got only once Canadian Truckers made use of it.