The optimal strategy for short term oligarchic revenue maximisation is a mixed strategy of mostly fossil fuels with some green tech.

The optimal strategy for long term biosphere habitability is a mixed strategy of mostly green tech with a tiny amount of fossil fuels exclusively for those metal smelting roles where arc furnaces and biofuels are unsuitable.

Investment portfolios dominated by technology that lifts everybody up are less profitable than greedy choices of risky investment, per some of the finer details of the mutual fund separation theorem.

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wolvoleo a day ago | parent [-]

Less profitable doesn't mean becoming poor. Far from it.

And oligarchs have kids too, don't they want them to live in a world worth living in?

	▲	OgsyedIE a day ago \| parent [-]
		"Hello, is this the Murdoch family office? I'd like to speak to your team's permanent director of assets strategy about how wonderful it would be for your income to drop by ten to fifteen percent." You could do the same with the accounting team on retainer for the US Commerce Secretary's family portfolio, or the US Education Secretary's family portfolio, or the US Interior Secretary's family portfolio, or the head of NASA's family portfolio, or the Middle East Special Envoy's family portfolio, or the Administrator-in-Chief of the Small Business Administration's family portfolio. These are all individuals with a net worth of over a billion dollars who each separately employ a full time accounting and financial team with its own IT and HR just to maximise family income. What's ten million a year in operating costs versus at least sextuple that in return? Each oligarch of size is the figurehead of a corporation dedicated to number go up.