
MacroVoices #318 Bill Blain: Inflation, Bond Yields & ESG
Macro Voices
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The ESG Trend on Wall Street Is a Con Job
E s g, environmental, social and good corsfor governanc should play major role. It's been taken over by the marketing departments of big funds. They all see that saying they'd got very clean e s g credentials is going to attract concerned money in. But what's happened? Let's start off with energy. Everyone stopped then funding coal, oil and gas. The result is a situation we now find ourselves where we have energy and security but not enough renewable power. And i think that's going to create an energy crisis that could be a major historical event in the course of world history. We need to get to zero carbon change by two thousand years. I'll give you
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