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(Al Jazeera)   Goldman Sachs, Harvard, Microsoft team up with Al Gore's investment firm to help decarbonize the economy. Rumors the firm will be called Manbearpig & Partners have not been confirmed   (aljazeera.com) divider line
    More: Interesting, Al Gore, Investment, Investment management, challenge of the climate crisis, investment firm, Generation Investment Management LLP, Goldman Sachs, David Blood  
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138 clicks; posted to Business » on 27 Oct 2021 at 11:31 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2021-10-27 11:42:46 AM  
But Goldman Sachs are the people who caused the climate catastrophe. They are utterly incompetent, and their incompetence has translated into entire systems that are destroying property and costing lives. This is a complete travesty.
 
2021-10-27 11:44:23 AM  
Goldman's Sack


is filling with Ethereum/Bitcoin
 
Juc
2021-10-27 11:54:29 AM  
Quite frankly, every bit helps.
Humans will wait until the last possible second, or until it's basically too late, to do much of anything.
Since we've such a habit of doing the bare minimum until it costs way more than it aughta in effort, time, and money, I'll take what gains we can get right now.

I'm crossing my fingers for my home to go from being a frozen hellhole to a more temperate hellhole, and then us stabilizing things there.

I don't got high hopes though, just wearing a mask is too much to ask of a ton of people as it is, let alone drastic changes to the infrastructure and economy.
 
2021-10-27 12:07:48 PM  

Bennie Crabtree: But Goldman Sachs are the people who caused the climate catastrophe. They are utterly incompetent, and their incompetence has translated into entire systems that are destroying property and costing lives. This is a complete travesty.


Um, of course it is.  "green investing" is all the rage now.  It uses more energy in the end than all of us just shiatting in the streets, but if one of their investors makes enough money, then it was well worth it, even if it does send a million tons of carbon into the atmosphere while it was being developed.
And that's how you do 'GREEN BUSINESS'
 
2021-10-27 12:28:23 PM  
I desperately want this to be a serious partnership that will genuinely attempt to tackle the issues of addressing our ever increasing energy needs while reducing carbon footprints.  But, likely this will just be a glorified tax wright off for Goldman Sachs.

Since the world is increasing gun shy regarding nuclear energy, we are going to have to find some other viable power source to replace coal and natural gas.
 
2021-10-27 1:53:47 PM  

Juc: Humans will wait until the last possible second, or until it's basically too late, to do much of anything.
Since we've such a habit of doing the bare minimum until it costs way more than it aughta in effort, time, and money, I'll take what gains we can get right now.


There is no evidence that is a human trait. It is a political choice that is enforced by American and English law, though. It is a tenet of the LAw and Economics school of thought, that efficiency is based on minimal effort and externalizing costs. As a policy, it is very recent (about 250 years old). The evidence for human behaviour is that our species is inefficient from a monetary perspective, and learning, as well as upkeep of our resources, are costly.
 
2021-10-27 6:05:16 PM  
... and its left leg is Patrick Duffy
 
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