Wrong turn on 3rd…
Interesting! Thanks for elaborating.
How is that better than a database? Is someone concerned that Walmart will fabricate supply chain tracking?
Can you name another technology that has such a high hype to delivered value ratio?
Dab pen and spice jars.
That’s basically enough to start a religion in medieval times. Spices to finance a nice temple, and dabs to create a religious experience forc prophets who testify to the power of the faith.
I agree completely!
Agreed. What a dumb article.
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Hot take: it was a valiant effort by people with tremendous power and influence to do the right thing with the wrong tools. Blackrock et al. tested the hypothesis that companies can generate greater returns by doing good. In doing so they risked their reputation and relationships with their investors.
We all learned together that their hypothesis is wrong. One cannot add a constraint (ESG etc) without compromising returns, and the big money piles operate with mandates to maximize risk-adjusted returns.
It can, and will, get worse.
A carbon tax is a specific, simple, policy that voters could form a broad coalition around to implement.
Or maybe we could work a unified coalition of voters around the implementation of a carbon tax, incremented over a period of years, to align those incentives?
Because a carbon tax incremented over a period of years would achieve the desired outcome with much less administrative burden and economic impact.
We should use fossil fuels sometimes - when it’s worth paying the real cost!
Carbon tax! Carbon tax!!
Yes. This is the silent problem of enormous wealth inequality in the US. As the middle class disappears, fewer people are able to pay small fees to contribute to things like local news, community organizations, and online services.
We simply can’t leave until we get some wheeeaaat!