It doesn't make sense to tally someone's investments as them polluting. If they sell half their investment, the pollution emissions on earth don't go down.
Oxfam just lost its credibility with me.
It doesn't make sense to tally someone's investments as them polluting. If they sell half their investment, the pollution emissions on earth don't go down.
Oxfam just lost its credibility with me.
Hasn't Musk done exactly what you are demanding of him with Tesla and what ever his solar company is?
C'mon, you know what I mean. I bet there are plenty of non-polluting investments that they hold too. They're not suddenly going to become bankrupt because of investing in renewable energy. Maybe they'd be able to afford one less yacht or private jet, but I presume that, like me, you don't really care about that either.
> Hasn't Musk done exactly what you are demanding of him with Tesla and what ever his solar company is?
To some extent, yes. Much as I despise Musk as a person he's done a huge amount for electric cars at least. I haven't heard anything about the solar company recently, and the last I heard it was languishing very far down in the list of Tesla priorities. Tesla home batteries seem to be pretty ubiquitous though.
But we're also talking about personal emissions here, and he hasn't invented an electric jet yet. The point is that we need to radically reduce emissions, and me personally insulating my house doesn't make a blind bit of difference if those at the top of the pile don't make significant changes themselves.
This is the odd one here.
Sure, shipping/transportation as it is is highly polluting. But it's not something from which we as a civilization can opt out.
We have to figure out how to reduce the impact, but having less of shipping is a non starter.
[1] 40% according to https://www.forbes.com/sites/michaelbarnard/2023/12/05/how-w...
No but your income depends on pollution happening and you investing in X company enables that company to raise cash to keep on polluting or in worst case start polluting.
If all social media companies decided to shut down tomorrow because it's harmful to society, how many people on HN would be willing to launch their own to cash in? Probably almost everyone.
Dont worry, Oxfam doesnt need your simplistic views and support based on your own simplistic analysis.
Of course it makes. As long as someone keeps investing on things regardless of how much they pollute, the pollution will keep happening. People look for billionaires and see how they do invest. They think it is okay and good to invest for same things too, in order to make money. And pollution never ends.
I don't see Bill Gates, Al Gore or Taylor Swift being called out. IIRC the last time there a summit happened in Egypt someone put together a list of all those who flew in private jets and the reaction was to start masking the passenger manifests for "security".