Sustainability focused investment adviser: "AI bad due to energy use, so can't own magnificent 7 equities"

The same sustainability focused investment adviser: "rate cuts good for asset prices, so we like investing in small cap equities"

Was a situation I witnessed today... 

On the one hand they look only at energy use, as more C02, and therefore bad, rather than recognise the potential efficiency gains

Whilst on the other, they celebrate inflationary monetary policy of central banks to pump asset prices, ignoring the negative externalities

In short: "impact investing" as they like to call it, or ESG focused investing, is a confused, flawed, and failing form of asset allocation