Do your relatives pick fights on climate change? Push back with investment tips, says Morningstar panel

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Do your relatives pick fights on climate change? Push back with investment tips, says Morningstar panel
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ESG fund managers and research experts urge careful listening to chatter on politics, climate change and social issues when at the Thanksgiving table and beyond.

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Avoid religion and politics, including big-thinking topics like climate change, at the Thanksgiving table if you want to keep the peace, some family therapists advise.

Related: Food for thought this Thanksgiving: Most people consider the Earth sacred and believe God gave us a duty to protect our oceans, forests and clean air The Morningstar panelists tackled the timely issue of sensitive holiday table talk and how people who care about climate change and social issues might engage constructively with relatives who appear not to.

Leslie Samuelrich, CEO of Green Century Funds, said she patiently explains that her “rationale for including ESG data is when I’m thinking about [whether a] company is really poised for long-term investment. How are they going to be performing in the economy 20 years from now? 25 years from now, when I want my assets to be there for me, you know?”

On the whole, the Pew study found the public has limited appetite for some of the more dramatic proposed changes to energy consumption, such as phasing out the use of fossil fuels NG00, +1.16% entirely or ending the production of gasoline-powered vehicles by 2035, and pushing only electic or hybrid vehicles TSLA, -1.63% F, +0.58%. Notably, many of the car manufacturers are well on their way to adding EV options to their lineups.

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Hey marketwatch arent you part of cbs? Shouldn’t you be off twitter?

ESG investing is a giant cash grab scam. Period!

We don't need family advice from ESG salesmen. Kick rocks.

+covid

Keep the ego away from the table I'd say. That's the number 1 thing that drives us I'd say.

Yea people aren’t capable of communicating anymore. The news and politicians have literally washed the minds of everyone to feel so strongly about issues that no one can have a rational conversation anymore.

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