Predicting Our Energy Future is a Risky Business
ESG trading isn’t ready for primetime.
If investing one’s life savings (either directly or more likely ESG brokers) is the “leap of faith” mentioned below, I have a modest suggestion:
Wait for the international markets, regulations , and accounting protocol to get settled, before issuing a buy order.
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“One way that’s happening is to promote the idea that best practice is the enemy of good. Though most tenets of ESG have been diluted into meaninglessness, there’s still a sensible-sounding argument available that says a company showing willingness to improve is worth a place in the portfolio, whether or not it fits the formal criteria. A leap of faith opens a universe of investment possibilities.”
https://www.ft.com/content/fbdbd686-7b37-4796-acae-0a2865d4ae27