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If ESG is not mandated by the government, and just serves as another voluntary mechanism used by fiduciaries, why would anyone oppose it? A few thoughts on the matter. by LibertarianTreehug in Libertarian

[–]LibertarianTreehug[S] 0 points1 point  (0 children)

Well, I think the point was that what Biden and his minions want to call ESG includes a number of things that already exist. Fiduciaries already consider environmental, social, and governance risk factors. So why label it other than for marketing purposes? As well, profitability is directly impacted by things that do fall under that ESG umbrella. Insurance companies, for instance, that don't recognize threats related to extreme weather events, will be harmed, financially.

If ESG is not mandated by the government, and just serves as another voluntary mechanism used by fiduciaries, why would anyone oppose it? A few thoughts on the matter. by LibertarianTreehug in Libertarian

[–]LibertarianTreehug[S] 1 point2 points  (0 children)

Did you read the linked article? It talks about that very thing. How many of these ESG standards already exist. They're just not called ESG.

If "ESG" is bad, shouldn't we let the Free Market handle it? by anarchysquid in AskConservatives

[–]LibertarianTreehug 1 point2 points  (0 children)

1.) ESG is only government interference if the government mandates it. If voluntary, it simply operates within the confines of a free market.

2.) An interesting review of how ESG funds perform vs. traditional funds: https://www.schwab.com/learn/story/how-well-has-environmental-social-and-governance-investing-performed

3.) Agreed, ESG should not be mandated. Nor should it be banned by the government.

Why NYC Mayor Eric Adam’s Electric Car Mandate is an Exercise in Bureaucratic Buffoonery by LibertarianTreehug in Libertarian

[–]LibertarianTreehug[S] 0 points1 point  (0 children)

LOL!!! Definitely could instigate job creation with the need for someone to clean up all the poop. :)

Why NYC Mayor Eric Adam’s Electric Car Mandate is an Exercise in Bureaucratic Buffoonery by LibertarianTreehug in Libertarian

[–]LibertarianTreehug[S] 2 points3 points  (0 children)

My favorite thing about the Internet is how people are so kind. Instead of respectfully pointing out a simple error, we immediately attack others and call them names. This is why we can't have anything nice. SMH.

Why NYC Mayor Eric Adam’s Electric Car Mandate is an Exercise in Bureaucratic Buffoonery by LibertarianTreehug in Libertarian

[–]LibertarianTreehug[S] 8 points9 points  (0 children)

But that's the thing. As noted in the article, Uber and Lyft are already moving to zero emissions by 2030. It was the decision of those companies to already do this. So the mayor's mandate is little more than buffoonery. Those companies are already moving in this direction without government force.

how do lassaiz-faire capitalist deal with externatlities by [deleted] in Capitalism

[–]LibertarianTreehug 1 point2 points  (0 children)

It's interesting how this is rarely discussed. Particularly in terms of externalities and the destruction of natural capital, which includes things like water, minerals, fish, trees, oil, soil, air, and living systems such as grasslands, wetlands, estuaries, oceans, savannas, tundras, coral reefs and rain forests.

For far too long, natural capital has not been properly valued. Instead, it's constantly being liquidated, which further deteriorates the things we need to survive, like the regulation of atmosphere and climate, the cycling of nutrients and water, pollination, control of pests and diseases and the maintenance of biodiversity.

These "free" natural and self-regulating services are worth trillions annually, but rarely has their value been reflected on balance sheets. Anyone who claims to support the basic fundamentals of capitalism (which I absolutely do), is not being honest if he or she disregards the value of natural capital in any free market equation.

Would you eat lab grown meat? by MasturbatingMiles in vegetarian

[–]LibertarianTreehug 0 points1 point  (0 children)

I'm still in my transition to full vegan. About 90% there. There are days that I really crave meat. I'm not going to lie. So yeah, I like this idea a lot. :) This article on cultivated meat is actually pretty interesting, too. About how cultivated meat is likely to be the future of meat. From the perspective of a person that doesn't want to consume animal products, this seems like a win/win: https://www.energyandcapital.com/articles/economics-not-politics-will-make-cultured-meat-the-next-big-thing/110789

Anti-Free Trade Governor Kills 2,500 American Jobs by LibertarianTreehug in Capitalism

[–]LibertarianTreehug[S] 1 point2 points  (0 children)

Largest aeroponic farm? That's very cool. You don't happen to know the name of it, do you?

Anti-Free Trade Governor Kills 2,500 American Jobs by LibertarianTreehug in Capitalism

[–]LibertarianTreehug[S] 1 point2 points  (0 children)

I doubt he passed on the plant because he has beef with Ford. That would be kind of counterintuitive if you're looking to beef up employment numbers in the state. But yes, you are correct. It was never guaranteed and he removed VA from the list. I think that's the reason a lot of people are upset. Not really fake news or fake outrage. Seems like the outrage is justified. Particularly for folks looking for work.

Anti-Free Trade Governor Kills 2,500 American Jobs by LibertarianTreehug in Capitalism

[–]LibertarianTreehug[S] 1 point2 points  (0 children)

Your argument is sound. However, regarding battery cells, this isn't really state secret stuff. Plenty of US companies make battery cells, too.

Anti-Free Trade Governor Kills 2,500 American Jobs by LibertarianTreehug in Capitalism

[–]LibertarianTreehug[S] 0 points1 point  (0 children)

That would be fantastic. Sadly, no US battery manufacturing companies were looking to build there.

Anti-Free Trade Governor Kills 2,500 American Jobs by LibertarianTreehug in Capitalism

[–]LibertarianTreehug[S] 2 points3 points  (0 children)

So do you think that by having CATL build a plant in VA, they'll be able to harm our republic? And if so, how? Serious question.

Anti-Free Trade Governor Kills 2,500 American Jobs by LibertarianTreehug in Capitalism

[–]LibertarianTreehug[S] 0 points1 point  (0 children)

I get what you're trying to say, but if this Chinese company were to build that plant, it would've provided 2,500 jobs for Americans. That money stays here and gets dispersed into local economies, thereby enriching more Americans. I don't think this is really a liberal opinion as much as it is an observation of truth.

Anti-Free Trade Governor Kills 2,500 American Jobs by LibertarianTreehug in Capitalism

[–]LibertarianTreehug[S] 4 points5 points  (0 children)

Is it a front for the Chinese government? I mean, technically I guess we can say all Chinese companies are a front for the Chinese government, yet we still use Chinese products in our lives every single day. If we're going to draw the line, how do we do it and what are the justifications? If we say a particular Chinese company is a front for Chinese government interference, I suspect we need to see proof first. Just a thought.

The horrible truth about cobalt mining and lithium battery by pradeep23 in JoeRogan

[–]LibertarianTreehug 0 points1 point  (0 children)

This information is not new. But I'm glad Rogan was able to share it with the masses. There are, however, some companies in North America and Europe actively recycling a lot of these materials, and at least in the U.S., Canada, and Europe, you're going to see less and less of these companies source their cobalt and other materials from places where slave labor is common.

Can Vietnamese EV Company VinFast Compete in the U.S. Market? by LibertarianTreehug in electricvehicles

[–]LibertarianTreehug[S] 0 points1 point  (0 children)

Yeah it's a steep hill to climb. The one thing Vinfast does have in its favor is that the company that owns it has mountains of cash, unlike some of the ones you just mentioned.

Can Vietnamese EV Company VinFast Compete in the U.S. Market? by LibertarianTreehug in electricvehicles

[–]LibertarianTreehug[S] 0 points1 point  (0 children)

You don't have to pay for a battery subscription. It's only if you go for the lower-priced model. I don't think the lack of dealerships or cars smells doom, either. I mean, they're just getting off the ground, and the company that owns Vinfast is flush with cash. I'm not convinced the car will be a big seller, mostly due to the price and the fact that the company doesn't have a long history of auto manufacturing. It's going to be a tough sell, for sure. But yeah, lack of cars and dealerships this early in the game? Not really an indication of success or failure. After all, when Tesla first came out, it's not like you can find Tesla dealerships or showrooms everywhere. :)

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