Offloading bad externalities to appear green but become dirtier in reality. That’s how we virtue signal in the US and Europe.
Someone explain to me how this makes any sense.
“Let’s be Honest ESG Investing will Harm the Environment” - some Yale expert
When the big bankers want proof to show the public why they’ve changed they’re mind, they hire the elite institutions to publish a couple papers to “back-up” the shift in narrative. This one here is capitulation on ESG.
https://www.cityam.com/lets-be-honest-esg-investing-will-actually-hurt-the-environment/
Offloading bad externalities to appear green but become dirtier in reality. That’s how we virtue signal in the US and Europe.
Someone explain to me how this makes any sense.
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