Why Environmentalism and ESG is Failing
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I recently made a video discussing the SEC's proposal to have all publicly traded firms calculate their environmental impact. At a first glance it sounds very reasonable and who doesn't want to help the planet? Well it turns out that the environmental experts struggle to model human impacts in the planet. Having a bunch of firms with no environmental impact would make even more useless predictions. I respond to a few arguments made by a subscriber such as the focus on how humans will survive and why is it bad to penalize and demonize firms who contribute to global warming and other environmental issues.
Original video:
https://youtu.be/LGc5l8wJB9Q
Why Nuclear is Better than Solar and Wind:
https://youtu.be/N-yALPEpV4w
Natural Disaster Deaths (real historic data...not crazy predictions):
https://ourworldindata.org/natural-disasters