Warren Buffett nonetheless buys oil and fuel corporations. His rationale, as he explains right here by way of a comparability, is that he owns positions in Walmart, though they promote cigarettes. In different phrases, he laughs off the ethical facet of investing, as so many billionaires do with such unimaginable panache.
Anybody who’s empowering the fossil gasoline trade in its resistance to decarbonize our power and transportation sectors is both a) blind to the problems or b) detached to the standard of life that this planet can help, making him a complete ass****.
Buffett doesn’t strike me as ignorant.
