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Samson Soturian
The Plain Bagel
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Comments by "Samson Soturian" (@samsonsoturian6013) on "E.S.G. Investing - What it Means and Its Pros/Cons" video.
Nikola and Lordstrome Motors are the big ones. Those are frauds. Then you have some cities in China that actually put up hundreds of cheap, defective, and/or fake solar panels around town where people could see them just so they could claim to be green. The construction contractor that built them happened to be owned by a relative of city commissioners. On the more legal side I heard of one company where the actual CEO made his wife the CEO on paper to boost ESG ratings and get listed on "social justice" ETFs. Or as Richard said many make small to modest sized investments into green energy and recycling type stuff and advertise it prominently to investors/customers. This is by far the most common and is part of what is creating the myth of the green revolution.
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Good to bring up ethical investing in the middle of an EV bubble.
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