Above, Climate Protesters finally find a worthy target.
All the Republican candidates are at least climate delayers, if not proud shameless, enthusiastic deniers, like Vivek Ramaswamy.
But so many times in recent months, it seems like the (understandably pissed off) young people demonstrating about climate change have been unwise about who, or what, to vent their righteous wrath on.
The other day, they finally hit pay dirt.
How does Vivek profit off of climate change? He has a company that is literally called Drill, baby.
The brilliant Emily Atkin explains.
Adding to Ramasmarmy’s woes, – of all the candidates, he has been the most bootlickingly sycophantic defender of Trump and Trumpism – but now, the Orange One has thrown him under the bus with a tweet.
Below, if Trump is calling you a fraud, damn, that’s something.
He’s laughing. He’s laughing at them …
Vivek has opened the door to a broader range of Iowa Caucus contenders:
https://vvattsupwiththat.blogspot.com/2024/01/three-climate-parties-may-vie-in-iowa.html
That video on Ramaswamy and “DRLL” is right. But there is more to the story.
What that video doesn’t dwell on is that Ramaswamy is making money selling climate denial to investors. The important part isn’t how much money he personally has invested in oil company stocks. Ramaswamy has monetized the culture war. That’s how he makes his money.
Strive Asset Management is an investment company that promises to fight “woke”. Ramaswamy, in addition to founding the company, also wrote some books explaining how (in his wackadoodle view) corporate America has been taken over by left-wing e.s.g. environment, social, governance considerations that are bad for everybody. But if you invest with Strive’s mutual funds, you can be sure your money is working to further the right-wing side of the culture wars.
DRLL is a mutual fund investing in energy companies. The prospectus for DRLL promises they they will propose shareholder resolutions and vote the shares to a) force the company to ignore some parts of carbon accounting, and b) exploit fossil fuel resources to maximize profitablity. So Ramaswamy’s his investors to fight the culture wars. And Ramsawamy becomes rich from running a mutual fund company.