The Dragon Ecosystem - Extractivist Corporations - Money and Information-- Stranded reserves
Corporate Dragons consume material resources and produce waste just like biological beings. They also exist in their own world, consuming and emitting money and information. Money is really just a *kind* of information as can be seen if everyone suddenly thinks a resource companies ("extractivist") reserves are "stranded". This has an immediate effect on the balance sheet and (therefore) the value of shares. Shareholders take an immediate "hit" without any offset appearing anywhere except as a corporate "write down" (and "expense") but the money is gone . For this reason, there are strong incentives for the company to minimize or hide information that would lead the public (shareholders in particular) to believe resources are stranded. Simply confusing the issue (misinformation) on Climate Change and the need to "leave it in the ground" translates into real shareholder value. The reverse is also true. Shareholders hope that a ...