How Hurricanes Affect Mousetraps

May 27, 2022

They say a butterfly’s wing in China can cause a hurricane in the Caribbean.
Here’s how that hurricane can affect sales of mousetraps.

One Response to “How Hurricanes Affect Mousetraps”

  1. jimbills Says:

    Sorry for the change in topic – important article in NYT today:

    ‘In West Virginia, the state treasurer has pulled money from BlackRock, the world’s largest asset manager, because the Wall Street firm has flagged climate change as an economic risk.

    In Texas, a new law bars the state’s retirement and investment funds from doing business with companies that the state comptroller says are boycotting fossil fuels. Conservative lawmakers in 15 other states are promoting similar legislation.

    And officials in Utah and Idaho have assailed a major ratings agency for considering environmental risks and other factors, in addition to the balance sheet, when assessing states’ creditworthiness.

    Across the country, Republican lawmakers and their allies have launched a campaign to try to rein in what they see as activist companies trying to reduce the greenhouse gases that are dangerously heating the planet….’

    ‘….BlackRock also this month said it would support fewer shareholder proposals calling for climate action because “we do not consider them to be consistent with our clients’ long-term financial interests….”’

    ‘….Elon Musk, the richest man in the world, waded into the debate. “ESG is a scam,” he said on Twitter on this month. “It has been weaponized by phony social justice warriors.” Shortly after that he shared a meme that declared an ESG score “determines how compliant your business is with the leftist agenda.”’

    ESG:
    https://www.cfainstitute.org/en/research/esg-investing


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