The Alarming Notion that Investors Can Profit from the Climate Crisis

Recent news in the tech world shows that investors are beginning to see a return on their investments in the next ten years, and this could have potentially disastrous consequences for the climate. As the climate change deadline draws closer, the idea of monetizing the climate crisis is gaining traction among some of the most powerful money people, which is concerning given that these investors are part of an asset class with a 10-year cycle. This week also saw Reddit make headlines due to its slow-motion train crash related to new API pricing. Third-party Reddit app, Apollo, announced its shutdown, and Reddit’s CEO was critical of the move, leading to uproar from moderators and thousands of subreddits shutting down in protest. Twitter also hit the news, but for all the wrong reasons. The social media giant is being evicted from its Boulder office due to unpaid rent, and advertising revenues have dropped significantly. Meanwhile, AI continues to dominate tech news, with France’s Mistral AI raising a staggering $113 million seed round to take on OpenAI. Corporate AI news was also on the rise with Meta releasing an AI-powered music generator, and Itoka looking to license AI-generated music through blockchain. In other news, Carvana’s share-price rally was the focus of attention until it hit the guard rails, and Tesla’s charging standard saw support accelerate despite fears the Supercharger network may not be able to cope with the influx of deals from GM and Ford.