“Net-Zero” is the term of art used for the supposed “great energy transition” away from fossil fuels. The term “net” contains all the “we-don’t-really-mean-it” mischief of this whole scam, as it means governments will resort to all kinds of Enron-style accounting to claim compliance with “Net-Zero.” Just a few years into this crusade and it is already failing.
But “Net-Zero” might actually apply to the related world of ESG (environmental, safety, governance) investing that was all the rage on Wall Street a few years ago, when they thought there was real green to be had in “green energy” and other leftist fads. But lately ESG mutual funds have been attracting “net-zero” new funds. Which is all you need to know.
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