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ESG Good for Wall Street Bad for America
Manage episode 357164023 series 3415392
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Wall Street is genius at coming up with investment products that offer little in the way of innovation but convince you to pay more for it. See for yourself.
00:00 E.S.G - Intro
01:00 ESG Primer
01:37 Fossil Fuels are Ground Zero
01:52 Alternative Energy
02:03 Tesla
02:29 China is #1
02:48 The goal is to make money
03:08 Some ESG funds look like an Index Fund
03:28 Do the Math
04:23 Get out the calculator
04:48 30 cents on the dollar
05:16 Great for Wall Street
05:31 Vanguard pulls out
05:51 Green Paint
06:13 Legislation - Will the President Veto
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