The $5 trillion industry’s move against clean energy and green technology may prove more damaging than political pushback over “woke” capitalism.

  • I Cast Fist@programming.dev
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    26 days ago

    They have the money, of course they will bet on what they can control and makes them more money. It’s past time those fucking things get taxed into oblivion, like a 95% tax on every cent earned after 1 million. Managing to shut off tax havens would go a long way, too.

    Despite the promises, clean energy and green technology stocks have lagged far behind the broader market. Deep-pocketed institutions are concluding that many climate investments won’t pay off as quickly, or as lucratively, as they’d hoped.

    When you’re a hammer, everything is a nail. When you’re a hedge fund, everything is stonks. Fuck them. Blow them all up to hell.