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Take greenhouse gas emissions for example: if we had acted more aggressively in the past, we might have mitigated a lot of the climate change we're seeing today
by barbariangrunge 3y ago
Take greenhouse gas emissions for example: if we had acted more aggressively in the past, we might have mitigated a lot of the climate change we're seeing today. But it would have impacted the stock market, and every senator/congressperson would have lost money personally by backing those initiatives. So, today, now we have record temperatures as the norm, ie, we're not shocked when every third Tuesday we see a record temperature and extreme weather event
- thunky 3y agoI think that's a stretch. Energy is 4.5% of the S&P. Even if they weren't invested directly in Exxon they would not want to be associated with killing an industry and the jobs that go with it. They could have made money backing green energy just as easily anyway.