Science Doesn’t Care What The Politicians Are Saying

The tax breaks and other incentives of the Inflation Reduction Act are great, and perhaps they will help on the margins. As a civilization, we're 40 years too late to fiddle with marginal improvements

One of my first articles about climate change adaptation and mitigation investing, published in 2018 and entitled Science Doesn’t Care What the Trading Desks Are Saying, bemoaned the short-sightedness of investors and likened their mindset to that of a driver accelerating toward a wall of brake lights on a morning commute.

Since that time, the ballast i…