Thank you for reading my book. At least somebody has.
It's very clear that we don't know what these divestiture movements will actually create. That $45 trillion I spoke about is largely based upon divestiture, and many individuals have adopted these ESG indices that MSCI and others are coming out with.
They're basically signing up for investing in less than one-half of the investable market. Of the 500 corporations in the S&P 500, only 230 are currently fully aligned with net-zero 2050. Why would anybody decide that they're going to invest in only those companies when in fact it is the browner ones that have the chance of becoming better corporations and outperforming over time?