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submitted 1 year ago by floofloof@lemmy.ca to c/usa@lemmy.ml
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[-] specialdealer@lemm.ee 15 points 1 year ago

It turns out climate change is bad for business. Better shut them up because the oil lobbyists say we’ll be fine.

[-] floofloof@lemmy.ca 11 points 1 year ago

It isn't even bad for business. It just shifts what counts as good business away from oil extraction. These Republicans are acting to protect very particular businesses from the direction the market would otherwise take.

[-] Phlogiston@lemmy.world 2 points 1 year ago

From the article,

Republicans who lead the House Financial Services Committee plan to spend the next few weeks holding hearings and voting on bills designed to send a clear signal: Corporations, in particular big investment managers, should think twice about integrating climate and social goals into their business plans. Committee conservatives will target the process in which advocates pressure public companies to adopt environmental, social and governance (ESG) goals using the shareholder voting process.

Of course this is all signaling so they don't really care if its a workable proposal. They're just continuing their bullshit fight to block votes they disagree with. In politics its disenfranchisement and whatnot and here its blocking shareholder votes. As you point out, even if they succeed in muzzling everybody they disagree with they'll still be forced to confront the business reality: this stuff is real and good businesses plan when real shit goes down.

These fucktards don't seem to care though.

[-] jumperalex@lemmy.world 10 points 1 year ago
[-] floofloof@lemmy.ca 11 points 1 year ago

They never meant it. They never meant any of their claimed principles.

[-] jumperalex@lemmy.world 4 points 1 year ago

But how do you know?

Oh their lips were moving.

[-] andrewta@lemmy.world 6 points 1 year ago

Can’t have the truth getting out there

[-] breadsmasher@lemmy.world 3 points 1 year ago

Clowns clowning

Lol wait, hold on, I thought those guys were friends…?

this post was submitted on 10 Jul 2023
45 points (100.0% liked)

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