By Vijay Jayaraj Through ESG – Environmental, Social and Governance – mandates, the titans of global finance positioned themselves as the arbiters of corporate virtue. They pressured companies to divest from fossil fuels. They built an entire moral and financial architecture around the concept of decarbonization. But this June, two major events confirmed the slow… Continue Reading
By Vijay Jayaraj The grand vision of “Net Zero” initiatives – by which emissions of carbon dioxide magically balance with expensive and futile capture and storage systems – have long been sold as the redemption arc for humanity’s profligate modern ways. Yet, like a poorly scripted dystopian thriller, the holes in this plot are glaring.… Continue Reading
by Wallace Manheimer – published January 24, 2022 During a perilous time for the nation, President Nixon warned against the possibility of the U.S. becoming a “pitiful, helpless giant.” More recently the Wall Street Journal borrowed Nixon’s phrase in criticizing the U.S. failure to rescue citizens during the disastrous exit from Afghanistan. A similarly pathetic… Continue Reading