Wondering now if paradoxically accelerating global warming increases stock ROI in renewables as the perceived value of renewable energy increases with the perceived/predicted level of global warming.

[–] WorldsDumbestMan@lemmy.today 2 points 4 hours ago (1 children)

No, they are just after power, not money. They have a darwinist ideology to push.

[–] untorquer@lemmy.world 4 points 3 hours ago* (last edited 3 hours ago)

It's capitalism, power is wealth by definition. These are compatible concepts.

By perceived value i mean speculation.

[–] gandalf_der_12te@discuss.tchncs.de 1 points 3 hours ago (1 children)

i don't think they're that far-sighted though it's probably a neat side-effect to them

[–] untorquer@lemmy.world 1 points 1 hour ago

Mmm... Well i think there are enough of them that think long term to maintain their institutions. The oil industry has been suppressing concerns about climate change and disaster for well over a century now