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View Diary: Open thread for night owls: A sweet deal for banksters—Too big to jail. (181 comments)

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  •  Unfortunately investment in solutions.. (3+ / 0-)
    Recommended by:
    DeadHead, OLinda, jakedog42

    ..like:
    Clean energy
     

    But the opportunism and tone deafness aren't the only distressing things in the article. Even more worrisome is the corollary trend of investors shifting money away from addressing the root cause of climate change: greenhouse gas emissions. Investments into clean energy technologies like wind or solar that could help shift the world away from fossil fuels dropped 34 percent in 2012, according to Bloomberg New Energy Finance.

    Instead of spending money to prevent the mess, investors are now betting on mops.

    ..isn't their goal here.

    Although the article does admit that even though the focus isn't  clean energy solutions, this happens as a side effect:

    when an industry that's demonstrated remarkable power to sway public policy can at least admit the world is warming once it spots dollar signs, it should make it increasingly difficult for politicians to carry on pretending there's a scientific debate on the matter.
    •  That was (2+ / 0-)
      Recommended by:
      Eric Nelson, OLinda

      kinda my point. Politicians follow the money.

      Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone."

      John Maynard Keynes

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