Bill Gates is ditching his investments in Energy – that sounds noble in spirit, but …
Is forcing investors to dump energy investments the best way to fight the global warming?
Certainly, not!
Like, in other ugly illegal markets (weapons, drugs, etc.) demand will unfortunately find its supply.
Most economists would argue that instead, heavy taxes on carbohydrates at the well, would reduce overconsumption of Energy and overpackaging.
Curiously, Europe had heavy gasoline taxes for decades, and European environmental footprint was always low…
