Published on 19 Mar 2024 on GuruFocus.com via Yahoo Finance
Nothing is more charming than well-meaning people practicing bad economics. To understand what is happening, consider the song Saved by Zero from The Fixx:
Maybe someday, saved by zeroI'll be more together
The U.S. Federal Government has set a net zero carbon goal by 2050. Tremendous resources have been applied with borrowed money to fund these goals and subsidize money-losing green investments. After pouring money into green investments, investors are wisely fleeing the fantasies associated with the environmental movement's agenda. Are we really more together?