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Using capitalism to reduce emissions

A lot of big polluters are publicly traded companies. Owning shares of US public companies means you can go to shareholder meetings, vote, and other rights.

What do all think of a non profit that runs and is funded with an endowment composed of big polluters like oil companies and using the dividends to fund climate initiatives? In the mean time, using the seat at the table to influence other shareholders to reduce emissions, which is in their long term interest anyways.

If the endowment dries up, mission accomplished. If it grows, more money to act with.

What do all think?

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  • the non profit industrial complex serves to launder the reputations of the ownership class without meaningfully addressing oppressive systems or threatening the status quo.

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