Thursday 20 July 2023

ESG creates a new rent-seeking class


“How many environmental justice majors does it take to calculate the CO2 emissions of a light bulb? This isn’t a joke. Businesses now employ scads of college grads to do this. For years America’s political class has lamented that too many college grads are working in low-paying jobs that don’t require post-secondary degrees. The diversity, equity and inclusion and environmental, social and governance industries—DEI and ESG, respectively—are solving for this problem while creating many others. In the modern progressive era, young graduates are finding remunerative employment as sustainability coordinators, DEI officers and 'people partners.' Instead of serving up pumpkin soy lattes, they’re quantifying corporate greenhouse gas emissions and ensuring employers don’t transgress progressive cultural orthodoxies.”
~ Allysia Finley, from her article 'Bidenomics and the Boom in DEI and ESG Jobs' [hat tip Samizdata]

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