Climate Politics
Hedge Fund Veteran Slams Green ‘Echo Chamber’ After Closing Firm
- Veteran hedge fund manager is returning money to clients
- Ubben says climate talks have historically been ‘so divisive’
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Jeff Ubben, the veteran hedge fund manager who’s just closed his sustainable investing firm, is calling out what he’s dubbed the “echo chamber” of traditional climate summitry.
The 62-year-old, whose Inclusive Capital Partners told clients last week it was selling investments and returning their money after not being “rewarded” by markets, said he’s worried about what he describes as entrenched points of view preventing progress in climate talks.