8 O'Clock Buzz

Hedge Fund Activists undermining the Green New Deal


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Hedge fund managers are torpedoing chances for a successful Green New Deal, according to Lynne Parramore, Senior Research Analyst for the Institute for New Economic Thinking. In her recent article “Meet the “New Koch Brothers” – the Hedge Fund Activists Wrecking America’s Green New Deal“, she talks about how corporate raiders are turning the direction of “green” corporate partners of battery development, software, wind turbines, and more away from long term energy conservation projects toward short-term money-making projects to increase the hedge fund shareholder returns.
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8 O'Clock BuzzBy Brian Standing, Haywood Simmons & Michelle Naff, Jan Miyasaki, Tony Castaneda, & Jonathan Zarov

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