this post was submitted on 15 Oct 2024
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So as much as this community leans anti-capitalist (including myself), THIS is how the green transition is going to get traction: get the banks and investment firms to understand that the environment is going to repeatedly punch them in the dick if they don’t move away from environmentally catastrophic investments.
Big insurance companies are also big institutional investors. They can’t be thrilled that their risk level is uncertain.