A post-script: climate change from the left and another plea for investments...
I think it is fairly obvious that nuclear is part of the solution to climate change.
The impression I get is that some on the right think of climate change as some kind of left-wing conspiracy to get a government controlled economy implemented on basis of scientific fraud. (I know I shouldn't focus on the wing-nuts - but the wing-nuts are everywhere.)
But the left has also had to suck it up. I know a few people who have changed their mind about nuclear - but I have seen very little rational debate about nukes on the left.
But politics is not the purpose of this blog... investing is...
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The investing idea I had however was that if the governement was going to restrict investment in certain carbon emitting activities those who had protected investments in place would win big-time because they had competition restricted. Don't invest in the solution - invest in the problem! (As Charlie Munger says: "invert - always invert.")
The right investment in Europe was not windmills but big nasty polluters. That may wind up being more general.
And if I did that the right might think I was some kind of "greenhouse believing socialist fruit-loop" and the left might think I was a sell-out.
Hey - if I get it right I make a lot of lucre. And that is my cynical purpose...
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I have a few unethical investments in my day. I am a liberal with a large stock holding in News Corp. You should hear me cheer Fox News. I have owned tobacco companies in Indonesia. And those were companies that chopped down rainforest to get timber to smoke-cure their cancer-causing drug of addiction.
If the right investment is a polluter in China whose western competition go away then I am all-too-happy to make the unethical investment.
I just want ideas guys - not debate on politics.
John