this post was submitted on 01 Apr 2024
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A Boring Dystopia
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The party of small government a d free market economics wants to make it illegal for an investment firm to consider the tangible risks presented by climate change when making investment decisions. They are trying to say that preferentially investing in companies that have plans to mitigate the impacts of climate change on their business model is an anti-trust violation.
This is so absurd on so many levels.
Long-term investment planning is apparently illegal to them. The hyper-focus on quarterly gains is literally killing us all.