The Lions
Politics • Culture • Education
A group of friends with mostly centrist or conservative viewpoints who share resources and ideas about the governance of Alberta and Canada and about world events and trends.
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November 19, 2023

Deplorables killed Net-Zero and ESG. I Know! Let's Steal the National Parks!

[Danielle is gung-ho about net zero. That worries me. Is she just going along with the crowd to get to a higher goal or does she actually believe that crap?]

"...A New Threat Rises from the Criminal Cartel that Farms Us for Profit.
Since the early 2000’s, outfits like Goldman Sachs have been trying to trade air, or specifically carbon without much success. Their 2005 carbon exchange staggered along until it was quietly discontinued, and their Climate Exchange-Traded Fund (ETF) is now facing delisting. "ESG" was the next attempt to monetize the un-monetizable, with the "E" part of that acronym standing for Environment, ill-defined as that was. Now ESG is failing. Market leaders say it is facing "a perfect storm of negative sentiment" and its U.S. investments fell by $163 billion in the first quarter of 2023 alone.

https://elizabethnickson.substack.com/p/deplorables-killed-net-zero-and-esg

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