Arizona State University President Michael Crow believes we are in such danger that we should amend the U.S. Constitution to empower the government to deal more expansively with climate change. Crow’s view that constitutional protections of our liberties should be eliminated when they become inconvenient wouldn’t square with the founders, but his estimate of the dangers and required remedies for our changing climate are quite mainstream in our society.
“Net zero by 2050” has become an article of faith among our corporate and academic elites, no longer requiring proof or intellectual defense. The notion that we must eliminate or “offset” all carbon emissions by mid-century if we want to save the planet is the organizing principle for ESG investing. ESG is the consideration of environmental issues, social issues, and corporate governance issues when deciding what companies to invest in. In 2022, it was mentioned more than 6000 times in corporate filings with the Securities and Exchange Commission.
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