JPMorgan Chase, BlackRock drop out of massive UN climate alliance in stunning mo

[RE]

God forbid investor profits are threatened by Tree Hugging Nazis.  Consumers must be defended in their rights to buy the cheapest products with the biggest carbon footprint.  Let the market decide!

Jamie Dimon announced he would retire this year.  Seems like he wants to improve on his legacy a the premieer financier of global death in human history before sailing off into the sunset on his 300' diesel powered super yacht.



https://www.foxbusiness.com/politics/jpmorgan-chase-drops-out-of-massive-un-climate-alliance-in-stunning-move

JPMorgan Chase, BlackRock drop out of massive UN climate alliance in stunning move

RE

[K-Dog]

This is to be expected.  Capitalism will attempt to overcome climate problems by becoming more capitalist.  The hands of profit will not be tied, and so it will be dog eat dog until one wolf is left to die with all the money.  Money which by then has become worthless and can't buy a thing.

The parable of the tribes comes into play.  The most successful investors will be those who follow no rules.  Profits become ever harder to find as resources deplete.  Substitution of alternate moralities will be among the technical improvements needed to keep exploitation going as long as possible.

Every possible innovation and invention will be tried to keep existing arrangements the same.  It is ironic.  Any means to prevent change in existing arrangements is always allowed, no matter what the existing arrangements are.