Equity

Watching the video clip of Al Gore at Davos was an example of using hyperbole to make a point. This was not unexpected because he said he exaggerated in his book to bring attention to the problem. I assume that he is sincere but misguided. It is hard not to suspect his motives since he has made millions on the go green ideology. I am being kind to call it ideology when in fact it looks a lot more like religion. Gore who has already made over $300 million is out for more. He is the co-founder of Generation Investment Management, a $36 billion investment firm. They have a $1.7 billion Sustainable Solutions Fund that will invest in companies that follow the new dictate of ESG (Environmental, Social and Governance) program. This is a surreptitious (code word) way of saying that the new green deal is about social change in conjunction with climate change but it is never referred to in the press as social change. This bit of misdirection is maintained even though the sponsors of the deal make it clear what they want. Green New Deal (GND) proposals call for public policy to address climate change along with achieving other social aims like job creation and reducing economic inequality. In other words equity or equal outcomes. In socialism everyone is equal but some are more equal.