The Big (Climate) Short

Sheryl Lee, a Bloomberg ESG reporter specializing in environmental, social, and governance investing, dives into the surprising shifts in hedge fund strategies regarding the green economy. She discusses how many funds are now betting against green stocks, raising flags about the sustainability of this market. The conversation highlights factors influencing this trend, such as rising interest rates and the impact of global conflicts like the Russian invasion of Ukraine. Lee also contrasts short-term hedge fund perspectives with the long-term visions of pension funds in sustainable investments.