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Message
Vanguard quits net zero climate effort
Posted on 3/2/23 at 12:01 pm
Posted on 3/2/23 at 12:01 pm
LINK
Hopefully Blackrock follows suit and ESG dies a slow death.
quote:
With the investing world waking up to this, Vanguard’s CEO withdrew from a $59 trillion ESG investing alliance
Why?
"Our research indicates that ESG investing does not have any advantage over broad-based investing"
Hopefully Blackrock follows suit and ESG dies a slow death.
This post was edited on 3/2/23 at 12:03 pm
12
Posted on 3/2/23 at 12:18 pm to Street Hawk
Doubt it, Blackrock seems to be climate Nazis masquerading as an investment corp.
Posted on 3/2/23 at 12:32 pm to Street Hawk
They'll continue their efforts, just not as openly stated as they were.
Posted on 3/2/23 at 12:48 pm to Wraytex
They’re sales people trying to attract capital flows. They’ll market funds in a manner that attracts the most flows.
This post was edited on 3/2/23 at 12:50 pm
Posted on 3/2/23 at 1:03 pm to Street Hawk
quote:
"Our research indicates that ESG investing does not have any advantage over broad-based investing"
Not just no financial advantages. Also doesn't reduce greenhouse gasses when going wind and solar results in burning more coal.
The substantial increase in Germany's emissions over the last 12 years as they invested huge monies into wind and solar should be enough to dismiss most of the policy "solutions" people have been trumpeting.
It doesn't work. It is more expensive. It has increased instead of decreased CO2 production.
Posted on 3/2/23 at 1:05 pm to Street Hawk
quote:
Our research indicates that ESG investing does not have any advantage over broad-based investing"
Quite literally, get woke go broke
Posted on 3/2/23 at 1:07 pm to Street Hawk
Lol, this is too funny.
Saw some Canadian pension plans were singing the same tune.
They saw the insane returns they missed out on the past couple of years.
Money is still king.
Saw some Canadian pension plans were singing the same tune.
They saw the insane returns they missed out on the past couple of years.
Money is still king.
Posted on 3/2/23 at 1:19 pm to Street Hawk
Excellent
Posted on 3/2/23 at 1:28 pm to Street Hawk
Remember: YOU are the “carbon” they want to reduce!
Cutting down “carbon” is their code for population reduction and control.
Full stop.
Cutting down “carbon” is their code for population reduction and control.
Full stop.
Posted on 3/2/23 at 2:24 pm to Street Hawk
quote:Blackstone might.
Hopefully Blackrock follows suit and ESG dies a slow death.
Posted on 3/2/23 at 2:27 pm to wutangfinancial
quote:
They’re sales people trying to attract capital flows. They’ll market funds in a manner that attracts the most flows.
Precisely.
Posted on 3/2/23 at 2:28 pm to Hussss
quote:
Remember: YOU are the “carbon” they want to reduce! Cutting down “carbon” is their code for population reduction and control. Full stop.
Bruh, you’ve lost it.
Posted on 3/2/23 at 4:07 pm to Hussss
quote:
Remember: YOU are the “carbon” they want to reduce!
Cutting down “carbon” is their code for population reduction and control.
Full stop.
Posted on 3/2/23 at 5:46 pm to Street Hawk
quote:
Hopefully Blackrock follows suit and ESG dies a quick quick death.
This post was edited on 3/2/23 at 5:47 pm
Posted on 3/2/23 at 7:31 pm to Hussss
quote:
Remember: YOU are the “carbon” they want to reduce!
Cutting down “carbon” is their code for population reduction and control.
Full stop.
Are you ok?
Posted on 3/2/23 at 8:49 pm to Wraytex
quote:
Doubt it, Blackrock seems to be climate Nazis masquerading as an investment corp.
When companies like Chevron have higher ESG scores than Tesla I tend to think it's not really much about climate at all
Posted on 3/2/23 at 10:29 pm to Powerman
quote:
When companies like Chevron have higher ESG scores than Tesla I tend to think it's not really much about climate at all
Exactly
It is pay for play. Not about ethical governance. Not about saving the environment
Posted on 3/3/23 at 6:16 am to Powerman
quote:
When companies like Chevron have higher ESG scores than Tesla I tend to think it's not really much about climate at all
It's environmental, social, and governance, so there's plenty of other things Chevron is probably doing to their corporate culture.
Posted on 3/3/23 at 7:31 am to Street Hawk
The primary goal for a company is to increase the wealth of its shareholders not pander to ESG or some bullshite equity plan developed by the democrats.
Posted on 3/3/23 at 9:23 am to Street Hawk
Is vanguard still gonna be giving 10 million to Hillary?
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