Wall St had never been serious about climate change. They did the bare minimum to preempt regulation and give people the vibes they did so they wouldn’t lobby for regulation. Sans regulation, Wall St operates on the basis of competition for returns. This shortens the horizon of investment and makes it practically impossible to tackle any long-term issue.
Wall St had never been serious about climate change. They did the bare minimum to preempt regulation and give people the vibes they did so they wouldn’t lobby for regulation. Sans regulation, Wall St operates on the basis of competition for returns. This shortens the horizon of investment and makes it practically impossible to tackle any long-term issue.