> why do VCs love it so much? They love it because it's the ultimate grift. > No tangible product that delivers any actual value (insofar as actually doing an

> why do VCs love it so much? They love it because it's the ultimate grift. > No tangible product that delivers any actual value (insofar as actually doing anything about pollution) ever has to be delivered. You're setting yourself up to, at the absolute best, be a middleman platform that sucks out value from actually productive companies. > You're immunizing yourself and your other horrible businesses by playacting at being a responsible global citizen and can rip any critics as being on the side of climate change. > Firms like Black Rock through Larry Fink's leadership have a massive hard-on for ESG investing and you've got the scenario to create pump and dump companies that ride this dumb investing wave that throws cash at anything with a good ESG score. > Due to political reality of politicians taking advantage of the media fear porn surrounding climate change, you have an inroad to getting federal bucks and an absolutely unassailable moat.