Vatican Tells Catholics How to Make ‘Faith-Consistent’ Investments - WSJ
They call for “proactive positive investing” in industries such as renewable energy and microfinance.
These guidelines are a paradox.
Don’t invest in fossil fuels, which has lifted billions out of poverty and delivered mobility, economic stability, and food security.
Invest in wildly speculative renewable energy and driving the poor into perpetual debt through micro finance.
Other industries on the blacklist include makers of armaments
Because Catholic moral theology doesn’t permit for a right to national sovereignty and self-defense?