3 ms·
"On average, a billionaire’s investment portfolio is almost twice as polluting as an investment in the S&P 500". That is very interesting. However, I don't thi
by pingou 2y ago
"On average, a billionaire’s investment portfolio is almost twice as polluting as an investment in the S&P 500".
That is very interesting.
However, I don't think their investment should really count (or at least not totally) as their own co2 emissions. If they have shares in BP or Shell for example, the emissions of those two companies should be counted towards those who buy their products, in my opinion.
- hn_throwaway_99 2y agoAgreed. I thought the comments about the private jets and yachts were fair, because those things emit so much carbon and solely for the pleasure/convenience of the billionaire. But throwing "investments" into the mix kind of ruined the message for me, because it's not like those companies are only servicing the billionaire.