At this stage of fossil fuel fuelled climate crisis, it is gratifying to read explainers like this - particularly the rich commentary about proof of work cryptocurrency mining (eg Bitcoin), and the ethical implications for all investors - and especially ESG investors. Oh wait, could I be mistaken? Could it be true that there wasn’t a single mention of this at all? Remarkable. It can’t have been that important then. Climate issues are externalities after all, and we can let future generations deal with that while our higher risk client portfolios absorb the exciting benefits of speculative crypto assets.