robot_pancake

robot_pancake t1_itz8afz wrote

Thanks for the links!

How is it blackmail if companies and governments aren’t forced to purchase these funds? One of Tariq’s main points (first vid) is that purchasing an ESG fund doesn’t stop other institutions and larger market players from buying non-ESG funds, which softens divestment initiatives. Tariq also argues that investment is only part of the solution—carbon taxes, caps—whatever we call it—require governments and markets to be in lockstep to make meaningful change.

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robot_pancake t1_itz63yy wrote

“Stormed” is definitely the wrong word here.

The protest makes for good marketing material though. You hand out a pamphlet with this picture and contextualize it with information about their stance—and it becomes far more powerful. This is only one part of their greater communication strategy.

No minds in that building were changed, but that wasn’t the point.

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