Re:Investing Can Prevent Climate Change
by tropicalia on Tuesday August 20, 2019 @10:51AM
(#20747608)
Sure it can, in principle.
But (massive) empirical evidence demonstrates that, by and large - the private sector won't do the right thing (or even "the common sense thing"), in this regard -- at least not at adequate scale -- unless it is very tightly regulated.
Re:Investing Can Prevent Climate Change
by RickJWagner on Tuesday August 20, 2019 @09:42AM
(#20746903)
I have a long-range plan (similar to what's suggested by Jack Bogle), but this sounds like a good alternative for those that have room for climate protection in their investing scheme.
But (massive) empirical evidence demonstrates that, by and large - the private sector won't do the right thing (or even "the common sense thing"), in this regard -- at least not at adequate scale -- unless it is very tightly regulated.
That one really confuses me. I know parts of the US were under water at some point-- surely they would have been higher then?
Some of the other claims seem a bit far, also.
Am I wrong?