Why This Billionaire Is Worried About Green Investing

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License

Creative Commons Licence

Contributors

Contributed date

October 29, 2021 - 3:27pm

Critical Commentary

With intentions to place a corporate minimum tax of 15% on the 200 biggest fossil fuel companies, but the issue is they are heavily starting to invest in green energy. Why is this an issue? Because the supply chain issues in energy distribution from these already billionaire companies will inflate energy market prices, and companies running to renewable energy sources will monopolize that market that drives up those prices.

Source

Sorkin, A.R., Kessler, S., Gandel, S., Merced, M.J, Hirsch, L., Livini, E. (2021, Oct 27). "Why This Billionaire Is Worried About Green Investing." Retrieved from https://www.nytimes.com/2021/10/27/business/dealbook/schwarzman-energy-c...

Cite as

Andrew Ross Sorkin, Sarah Kessler, Stephen Gandel, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni, "Why This Billionaire Is Worried About Green Investing", contributed by Briana Leone, The Energy Rights Project, Platform for Experimental Collaborative Ethnography, last modified 29 October 2021, accessed 30 November 2021.