But that's not the point - I mean if everyone did then the company would get the point. But look at Climate change. FOr decades its been "ignore the tree huggers" - but imagine there was an investment vehicle that was "anti-Exxon" - its hard to stand up at the AGM and say "just tree huggers" when there is a Trillion dollars of bets against you.
I don't think there is any possible such vehicle.
I just kind of wish there was.
A way of allowing the market to take care of externalities.
All we have is regulation, and as a fan of markets, that kind of annoys me. (or rather, I recognise that markets are after all dependant on the existence of government (as opposed to the right-wing style if only governments did not exist markets would take over). And am annoyed that this market has not been created.)
I don't think there is any possible such vehicle.
I just kind of wish there was.
A way of allowing the market to take care of externalities.
All we have is regulation, and as a fan of markets, that kind of annoys me. (or rather, I recognise that markets are after all dependant on the existence of government (as opposed to the right-wing style if only governments did not exist markets would take over). And am annoyed that this market has not been created.)