Rob Majteles
@robmajteles.bsky.social
’Purist’ vs ‘pragmatist’ needs reframing:
most ‘purists’ good with actual internal cuts + high-quality credits = real-world impact now
most ‘pragmatists’ good with pledged internal cuts + pretend high-quality credits and don’t commit to real-world impact, now or later.
trellis.net/article/deca...
most ‘purists’ good with actual internal cuts + high-quality credits = real-world impact now
most ‘pragmatists’ good with pledged internal cuts + pretend high-quality credits and don’t commit to real-world impact, now or later.
trellis.net/article/deca...
Decarbonization demands pragmatism, not purity
A philosophical debate disguised as a scientific one is holding back climate progress.
trellis.net
November 17, 2025 at 10:15 AM
’Purist’ vs ‘pragmatist’ needs reframing:
most ‘purists’ good with actual internal cuts + high-quality credits = real-world impact now
most ‘pragmatists’ good with pledged internal cuts + pretend high-quality credits and don’t commit to real-world impact, now or later.
trellis.net/article/deca...
most ‘purists’ good with actual internal cuts + high-quality credits = real-world impact now
most ‘pragmatists’ good with pledged internal cuts + pretend high-quality credits and don’t commit to real-world impact, now or later.
trellis.net/article/deca...
Utilities arrive at this moment of extraordinary need and demand after decades of their total abandonment of their social licenses to operate that defines their rights to monopoly franchises in the markets they serve.
Utility collapse is a real risk
podcasts.apple.com/us/podcast/o...
Utility collapse is a real risk
podcasts.apple.com/us/podcast/o...
The grid resilience dilemma
Podcast Episode · Open Circuit · 11/14/2025 · 1h 1m
podcasts.apple.com
November 17, 2025 at 9:57 AM
Utilities arrive at this moment of extraordinary need and demand after decades of their total abandonment of their social licenses to operate that defines their rights to monopoly franchises in the markets they serve.
Utility collapse is a real risk
podcasts.apple.com/us/podcast/o...
Utility collapse is a real risk
podcasts.apple.com/us/podcast/o...
3 types of impact investors, I love working with all 3:
(1) Says not doing impact: Doesn’t matter, impact is doing you;
(2) Says doing impact risk assessment: Good, but not enough;
(3) Driving, embedded within each other, social and financial impact: Awesome, how to scale?
(1) Says not doing impact: Doesn’t matter, impact is doing you;
(2) Says doing impact risk assessment: Good, but not enough;
(3) Driving, embedded within each other, social and financial impact: Awesome, how to scale?
November 16, 2025 at 8:37 PM
3 types of impact investors, I love working with all 3:
(1) Says not doing impact: Doesn’t matter, impact is doing you;
(2) Says doing impact risk assessment: Good, but not enough;
(3) Driving, embedded within each other, social and financial impact: Awesome, how to scale?
(1) Says not doing impact: Doesn’t matter, impact is doing you;
(2) Says doing impact risk assessment: Good, but not enough;
(3) Driving, embedded within each other, social and financial impact: Awesome, how to scale?
ESG engagement by institutional investors “is associated with higher firm value, stronger ESG performance, and increased cash flows”
t.co/hbsg8KK3WN?s...
t.co/hbsg8KK3WN?s...
Incident-Driven ESG Engagement
<div>
We examine when and why institutional investors engage portfolio firms on ESG <span>issues using proprietary engagement records from a European asse
t.co
November 16, 2025 at 5:32 PM
ESG engagement by institutional investors “is associated with higher firm value, stronger ESG performance, and increased cash flows”
t.co/hbsg8KK3WN?s...
t.co/hbsg8KK3WN?s...
“It’s a mystery…The country which invested the most in climate science, a country with the largest number of climate scientists and very few scientists who deny [climate change]…how is it possible for this country to elect a climate denier president?”
www.ft.com/content/28f1...
www.ft.com/content/28f1...
Amazon climate scientist Carlos Nobre: ‘This is an enormous risk for the entire world’
The Brazilian academic believes that the tipping point he has warned of for decades is ‘much closer’ — but he retains his optimism about the next generation
www.ft.com
November 16, 2025 at 10:54 AM
“It’s a mystery…The country which invested the most in climate science, a country with the largest number of climate scientists and very few scientists who deny [climate change]…how is it possible for this country to elect a climate denier president?”
www.ft.com/content/28f1...
www.ft.com/content/28f1...
Rob’s 3 Step process for driving ROI from an impact focus:
Step 1: do the work.
Step 2: ignore cowards and whiners
Step 3: do the work
“How Top Companies Turn Sustainability Into Measurable ROI”
trellis.net/article/fort...
Step 1: do the work.
Step 2: ignore cowards and whiners
Step 3: do the work
“How Top Companies Turn Sustainability Into Measurable ROI”
trellis.net/article/fort...
How Top Companies Turn Sustainability Into Measurable ROI | Trellis
Redaptive’s Fortune 500 partners are proving sustainability is both practical and profitable through efficiency and infrastructure modernization programs.
trellis.net
November 16, 2025 at 10:16 AM
Rob’s 3 Step process for driving ROI from an impact focus:
Step 1: do the work.
Step 2: ignore cowards and whiners
Step 3: do the work
“How Top Companies Turn Sustainability Into Measurable ROI”
trellis.net/article/fort...
Step 1: do the work.
Step 2: ignore cowards and whiners
Step 3: do the work
“How Top Companies Turn Sustainability Into Measurable ROI”
trellis.net/article/fort...
Three types of impact investors:
(1) Says not doing impact: Doesn’t matter, impact is doing you;
(2) Says I do impact risk assessment: That’s necessary, not sufficient;
(3) Driving, embedded within each other, social and financial impact: Awesome, how to scale it all?
(1) Says not doing impact: Doesn’t matter, impact is doing you;
(2) Says I do impact risk assessment: That’s necessary, not sufficient;
(3) Driving, embedded within each other, social and financial impact: Awesome, how to scale it all?
November 15, 2025 at 10:50 AM
Three types of impact investors:
(1) Says not doing impact: Doesn’t matter, impact is doing you;
(2) Says I do impact risk assessment: That’s necessary, not sufficient;
(3) Driving, embedded within each other, social and financial impact: Awesome, how to scale it all?
(1) Says not doing impact: Doesn’t matter, impact is doing you;
(2) Says I do impact risk assessment: That’s necessary, not sufficient;
(3) Driving, embedded within each other, social and financial impact: Awesome, how to scale it all?
Impact weight all risk analysis. Act on that analysis. Or, get crushed by everything you are ignoring and by those doing your job better than you are.
You choose.
“Climate Change May Trigger Financial Tipping Points”
www.bcg.com/publications...
You choose.
“Climate Change May Trigger Financial Tipping Points”
www.bcg.com/publications...
Climate Change May Trigger Financial Tipping Points. Here’s How Leaders Can Prepare.
Leaders can anticipate, innovate, and collaborate to help their businesses avoid climate-driven disruption—and create new value.
www.bcg.com
November 15, 2025 at 9:59 AM
Impact weight all risk analysis. Act on that analysis. Or, get crushed by everything you are ignoring and by those doing your job better than you are.
You choose.
“Climate Change May Trigger Financial Tipping Points”
www.bcg.com/publications...
You choose.
“Climate Change May Trigger Financial Tipping Points”
www.bcg.com/publications...
The sad core of the failure of carbon markets is that this is ‘controversial’: “the need to finance nature does not excuse creating a carbon crediting mechanism devoid of environmental integrity, just to keep carbon projects commercially viable”
t.co/7cIcEZCaeb?s...
t.co/7cIcEZCaeb?s...
Carbon market supporters risk cheating the nature they wish to protect
Efforts to dilute Article 6 rules risk turning the new UN carbon market mechanism into a false climate solution that harms both nature and global climate action
t.co
November 15, 2025 at 9:53 AM
The sad core of the failure of carbon markets is that this is ‘controversial’: “the need to finance nature does not excuse creating a carbon crediting mechanism devoid of environmental integrity, just to keep carbon projects commercially viable”
t.co/7cIcEZCaeb?s...
t.co/7cIcEZCaeb?s...
Ignore the noise, do the work: “it costs between $38 to $78 per megawatt hour to build a solar project, and it can be done in 12-18 months, compared to $48 to $107 for a natural gas plant, which faces a turbine backlog of 7 years.” @mindylubber.bsky.social
www.wbur.org/cognoscenti/...
www.wbur.org/cognoscenti/...
To make electricity more affordable, we need more clean power
Texas is hardly the paragon of climate policy, but its energy prices are lower than the national average because it generates so much power from wind and solar, write Mindy Lubber and Natalie Treat. W...
www.wbur.org
November 15, 2025 at 9:43 AM
Ignore the noise, do the work: “it costs between $38 to $78 per megawatt hour to build a solar project, and it can be done in 12-18 months, compared to $48 to $107 for a natural gas plant, which faces a turbine backlog of 7 years.” @mindylubber.bsky.social
www.wbur.org/cognoscenti/...
www.wbur.org/cognoscenti/...
There are three types of impact investors, and I want to work with them all
(1) says not doing impact: Doesn’t matter, impact is doing you;
(2) says I only do impact risk assessment (ESG, whatever): fine, but while that’s necessary, it’s not sufficient;
1/2
(1) says not doing impact: Doesn’t matter, impact is doing you;
(2) says I only do impact risk assessment (ESG, whatever): fine, but while that’s necessary, it’s not sufficient;
1/2
November 14, 2025 at 5:54 PM
There are three types of impact investors, and I want to work with them all
(1) says not doing impact: Doesn’t matter, impact is doing you;
(2) says I only do impact risk assessment (ESG, whatever): fine, but while that’s necessary, it’s not sufficient;
1/2
(1) says not doing impact: Doesn’t matter, impact is doing you;
(2) says I only do impact risk assessment (ESG, whatever): fine, but while that’s necessary, it’s not sufficient;
1/2
PSA: investors like Michael Burry, and others, aren’t, haven’t, bet against AI. They bet against all of the financial bullsh*t driving AI investing. There is a difference. I know no one cares, but there is a difference.
November 14, 2025 at 5:20 PM
PSA: investors like Michael Burry, and others, aren’t, haven’t, bet against AI. They bet against all of the financial bullsh*t driving AI investing. There is a difference. I know no one cares, but there is a difference.
From @tracyalloway.bsky.social AI CapEx is the Schrödinger's cat of capital markets to @weisenthal.bsky.social ‘now we gotta look at tech company CDS?’ to @pkedrosky.bsky.social this is a meta bubble … yeah, you’re going to have to listen to this one:
podcasts.apple.com/us/podcast/o...
podcasts.apple.com/us/podcast/o...
Why Paul Kedrosky Says AI Is Like Every Bubble All Rolled Into One
Podcast Episode · Odd Lots · 11/14/2025 · 47m
podcasts.apple.com
November 14, 2025 at 3:44 PM
From @tracyalloway.bsky.social AI CapEx is the Schrödinger's cat of capital markets to @weisenthal.bsky.social ‘now we gotta look at tech company CDS?’ to @pkedrosky.bsky.social this is a meta bubble … yeah, you’re going to have to listen to this one:
podcasts.apple.com/us/podcast/o...
podcasts.apple.com/us/podcast/o...
“Financial Cost of Biodiversity Loss: a one standard-deviation decline in local biodiversity leads to a statistically significant reduction in operating profit…higher operating costs economically meaningful=36% of operating profit/total assets”
t.co/lsutCK2MVd?s...
t.co/lsutCK2MVd?s...
The Financial Cost of Biodiversity Loss for SMEs
In this study, we investigate the impact of biodiversity loss on the performance of small and medium-sized enterprises (SMEs) in the United Kingdom and Ireland.
t.co
November 14, 2025 at 10:37 AM
“Financial Cost of Biodiversity Loss: a one standard-deviation decline in local biodiversity leads to a statistically significant reduction in operating profit…higher operating costs economically meaningful=36% of operating profit/total assets”
t.co/lsutCK2MVd?s...
t.co/lsutCK2MVd?s...
“Facts do not cease to exist because they are ignored”~Aldous Huxley
Central bankers still fail to account for climate tipping points
greencentralbanking.com/2025/11/06/c...
Central bankers still fail to account for climate tipping points
greencentralbanking.com/2025/11/06/c...
Central bankers still fail to account for climate tipping points, experts say
Climate tipping points are here. But central bank economic models are failing to accurately account for the risks to the economy.
greencentralbanking.com
November 14, 2025 at 10:32 AM
“Facts do not cease to exist because they are ignored”~Aldous Huxley
Central bankers still fail to account for climate tipping points
greencentralbanking.com/2025/11/06/c...
Central bankers still fail to account for climate tipping points
greencentralbanking.com/2025/11/06/c...
“Climate change threatens the future of food: one degree Celsius can mean the difference between food security and famine”
www.nature.com/articles/s41...
english.elpais.com/climate/2025...
www.nature.com/articles/s41...
english.elpais.com/climate/2025...
Impacts of climate change on global agriculture accounting for adaptation - Nature
Analysis of data on six stable crops, capturing two-thirds of global crop calories, allows estimation of agricultural impacts and the potential of global producer adaptations to reduce outpu...
www.nature.com
November 14, 2025 at 10:26 AM
“Climate change threatens the future of food: one degree Celsius can mean the difference between food security and famine”
www.nature.com/articles/s41...
english.elpais.com/climate/2025...
www.nature.com/articles/s41...
english.elpais.com/climate/2025...
I feel seen. This was me, a few years ago. Of course, only at my personal scale so no one cared about my letter but me. But, I do feel seen 😉
November 13, 2025 at 6:04 PM
I feel seen. This was me, a few years ago. Of course, only at my personal scale so no one cared about my letter but me. But, I do feel seen 😉
It’s inspiring to see S2GInvestments in operation, focused on “outperformance as climate change drives ‘system-level shifts’”
impactalpha.com/adaptation-a...
impactalpha.com/adaptation-a...
Adaptation Alpha: S2G Investments looks for outperformance as climate change drives ‘system-level shifts’
The flip side of the rising risks and escalating damage from a changing climate is the huge opportunity to help industries and ecosystems ...
impactalpha.com
November 13, 2025 at 12:26 PM
It’s inspiring to see S2GInvestments in operation, focused on “outperformance as climate change drives ‘system-level shifts’”
impactalpha.com/adaptation-a...
impactalpha.com/adaptation-a...
Impact energy investors benefitted from focusing on the ‘bridge to bankability’ (cc @jigarshahdc.bsky.social). Other impact investors will too: “Vox aims…to de-risk participation by mainstream lenders [to] make soil restoration/reforestation bankable”
t.co/fDTZOxmAXa?s...
t.co/fDTZOxmAXa?s...
Vox Capital raises $50 million to help farmers restore Brazil’s degraded farmland investable
São Paulo-based Vox Capital is taking a second run at financing Brazil’s regenerative agriculture transition. The impact investing pioneer launched the Catalytic Capital ...
t.co
November 12, 2025 at 10:23 PM
Impact energy investors benefitted from focusing on the ‘bridge to bankability’ (cc @jigarshahdc.bsky.social). Other impact investors will too: “Vox aims…to de-risk participation by mainstream lenders [to] make soil restoration/reforestation bankable”
t.co/fDTZOxmAXa?s...
t.co/fDTZOxmAXa?s...
When does civil society finally turn on the insatiably corrupt and deranged leaders it sometimes votes for and enables? A sort of ‘disclosure’ theater can be the catalyst.
“What Did the President Know, and When Did He Know It?Watergate Hearings of 1973”
ahcwyo.org/2023/05/15/w...
“What Did the President Know, and When Did He Know It?Watergate Hearings of 1973”
ahcwyo.org/2023/05/15/w...
“What Did the President Know, and When Did He Know It?” – The Watergate Hearings of 1973
May 17, 2023, marks the 50th anniversary of the opening of the hearings of the Senate Committee on Presidential Campaign Activities. More commonly known as the Watergate hearings, the inquiry focus…
ahcwyo.org
November 12, 2025 at 10:12 PM
When does civil society finally turn on the insatiably corrupt and deranged leaders it sometimes votes for and enables? A sort of ‘disclosure’ theater can be the catalyst.
“What Did the President Know, and When Did He Know It?Watergate Hearings of 1973”
ahcwyo.org/2023/05/15/w...
“What Did the President Know, and When Did He Know It?Watergate Hearings of 1973”
ahcwyo.org/2023/05/15/w...
Thoughtful conversation, looking at history, with @ganeumann.bsky.social @tracyalloway.bsky.social @weisenthal.bsky.social “Problem With Investing in AI Right Now”
podcasts.apple.com/us/podcast/o...
podcasts.apple.com/us/podcast/o...
Jerry Neumann on the Problem With Investing in AI Right Now
Podcast Episode · Odd Lots · 11/12/2025 · 48m
podcasts.apple.com
November 12, 2025 at 1:07 PM
Thoughtful conversation, looking at history, with @ganeumann.bsky.social @tracyalloway.bsky.social @weisenthal.bsky.social “Problem With Investing in AI Right Now”
podcasts.apple.com/us/podcast/o...
podcasts.apple.com/us/podcast/o...
Understanding, committing to, land as vital climate infrastructure with vast economic value from the ecosystem services it provides is enormously valuable if acted upon positively and dangerously destructive when ignored, as it is now.
www.lse.ac.uk/granthaminst...
www.lse.ac.uk/granthaminst...
Too big to fail: tropical forests as anchors of economic prosperity and resilience - Grantham Research Institute on climate change and the environment
This commentary explains why tropical forests should be designated as ‘Global Systemically Important Natural Systems (G-SINS)’ – essential to global economic security and financial stability – and ask...
www.lse.ac.uk
November 12, 2025 at 12:49 PM
Understanding, committing to, land as vital climate infrastructure with vast economic value from the ecosystem services it provides is enormously valuable if acted upon positively and dangerously destructive when ignored, as it is now.
www.lse.ac.uk/granthaminst...
www.lse.ac.uk/granthaminst...
“What if Climate Policy Started with Health—and Grew the Economy?…we are still willfully ignoring the threat posed by climate change on our health and the knock-on economic effects. This disconnect will cost us billions financially and in lives lost.”
www.newsweek.com/what-if-clim...
www.newsweek.com/what-if-clim...
What if Climate Policy Started with Health—and Grew the Economy? | Opinion
As leaders gather for COP30, they must reject false narratives that pit climate and health action against economic growth.
www.newsweek.com
November 11, 2025 at 1:53 PM
“What if Climate Policy Started with Health—and Grew the Economy?…we are still willfully ignoring the threat posed by climate change on our health and the knock-on economic effects. This disconnect will cost us billions financially and in lives lost.”
www.newsweek.com/what-if-clim...
www.newsweek.com/what-if-clim...
If carbon markets focus on quality at all, which for years was not this industry’s primary driver, demand will grow. A major structural barrier remains: restrict buyers to only those who have earned the right to buy because of their emissions cuts.
trellis.net/article/carb...
trellis.net/article/carb...
Carbon market turnaround as buyers eye more purchases
One report finds that more than half of companies expect increased engagement with carbon markets between now and 2030.
trellis.net
November 11, 2025 at 1:44 PM
If carbon markets focus on quality at all, which for years was not this industry’s primary driver, demand will grow. A major structural barrier remains: restrict buyers to only those who have earned the right to buy because of their emissions cuts.
trellis.net/article/carb...
trellis.net/article/carb...
Impact weight all risk analysis. Act on that analysis or get crushed by everything you are ignoring and by those doing your job better than you are.
November 10, 2025 at 12:08 PM
Impact weight all risk analysis. Act on that analysis or get crushed by everything you are ignoring and by those doing your job better than you are.