The Global Warming Hoax continues to crumble, revealing that taxpayers were not the only ones to get burned in its name:
Aspiration Partners made a splash when it entered the green investing space in 2013.
The Marina del Rey [California] firm billed itself as a socially conscious online banking company, offering investments and focusing its finances on the climate crisis. It also generated and sold carbon credits meant to help offset greenhouse gas emissions.
It raked in a reported $110 million in just a few years by capitalizing on liberal eagerness to signal green virtue.
Soon, it collected celebrity investors such as Leonardo DiCaprio, Orlando Bloom, Robert Downey Jr., and Steve Ballmer, the former Microsoft chief executive, philanthropist and owner of the Los Angeles Clippers. …
The firm even partnered with rapper Drake in 2021, using its reforestation program to offset the artist’s estimated climate impact.
Fools and their money are soon parted:
Earlier this year, the co-founder [Joseph Sanberg] and another top company official [Ibrahim Ameen AlHusseini] agreed to plead guilty to wire fraud charges and scheming to bilk investors using falsified documents. Aspiration went bankrupt.
Eventually, people wise up to the Great Green Scam. But the allegedly oppressed climate needn’t worry; as soon as Democrats regain power, they will impose the scam on a coercive basis, as under Obama and Biden.
On a tip from Steve T. Hat tip: Pirate’s Cove.