Climate policy (religion for seculars and Christian softies) for decades now, is one of the most popular ways to show off sublime morals. Not any understanding of he underlying science as hardly anybody actually reads studies, nor one's understanding of the economical implications of the energy 'transition'.
Nor do climate worriors alter there own ways, it's typically other people who should do that. This year in september i expect the next round of 'Mea culpa, i have flown to my holiday destination' (once again) in the progressive newspapers While the EU refuses to invest in gas projects abroad so that those in EM should cook on charcoal and dried dung for a little longer...And suffer the resulting respiratory diseases (5 mln women die annualy from those).
If those poor holier than thou Germans (that is: the upper- and middle classes) would have taken a page from the US they'd have warmly welcomed fracking:
'The figure below is one of the most amazing graphs in all of climate policy.1 It shows the decarbonization of the U.S. economy from 1992 to 20252 — with decarbonization is defined as the ratio of carbon dioxide emissions (from fossil fuels) to GDP (in 2025$)'
I strongly disagree with wearing orange socks. Seeing such things offends every molecule of me, and I want to rip them off people's feet and destroy such garments by fire in front of the wearers' very eyes in order to teach them a lesson.
However I'm happy to hold shares of retailers who sell orange socks, textile companies who make them and petrochemical companies which produce the dye.
That's because I'm a sensible and level-headed fellow.
And yet, Germans are the world champions at virtue-signalling through their investments.
Unfortunately, it also makes them marks for the legions of unscrupulous fund managers. Large total expense ratios for everyone!
Climate policy (religion for seculars and Christian softies) for decades now, is one of the most popular ways to show off sublime morals. Not any understanding of he underlying science as hardly anybody actually reads studies, nor one's understanding of the economical implications of the energy 'transition'.
Nor do climate worriors alter there own ways, it's typically other people who should do that. This year in september i expect the next round of 'Mea culpa, i have flown to my holiday destination' (once again) in the progressive newspapers While the EU refuses to invest in gas projects abroad so that those in EM should cook on charcoal and dried dung for a little longer...And suffer the resulting respiratory diseases (5 mln women die annualy from those).
If those poor holier than thou Germans (that is: the upper- and middle classes) would have taken a page from the US they'd have warmly welcomed fracking:
'The figure below is one of the most amazing graphs in all of climate policy.1 It shows the decarbonization of the U.S. economy from 1992 to 20252 — with decarbonization is defined as the ratio of carbon dioxide emissions (from fossil fuels) to GDP (in 2025$)'
The Most Amazing Climate Policy Figure
https://rogerpielkejr.substack.com/p/the-most-amazing-climate-policy-figure
Instead they produce more CO2 against less economical growth.
We should never invest in anything for emotional reasons and that’s coming from a climate investor.
The biggest curse word in climate investing is “need”. We need to do this for the planet. We need to do this because Trump won’t.
We don’t need to do anything that isn’t right for our shareholders.
I strongly disagree with wearing orange socks. Seeing such things offends every molecule of me, and I want to rip them off people's feet and destroy such garments by fire in front of the wearers' very eyes in order to teach them a lesson.
However I'm happy to hold shares of retailers who sell orange socks, textile companies who make them and petrochemical companies which produce the dye.
That's because I'm a sensible and level-headed fellow.
any thoughts on esg as regards "good" corporate governance rather than just "green" policies? concerns are as investors we end up with more Enron's