“The climate crisis could trigger a global financial crash as temperatures rise beyond 2C, but governments and investors are relying on economic models that fail to account for the scale and severity of the damage.”
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“The climate crisis could trigger a global financial crash as temperatures rise beyond 2C, but governments and investors are relying on economic models that fail to account for the scale and severity of the damage.”
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“The climate crisis could trigger a global financial crash as temperatures rise beyond 2C, but governments and investors are relying on economic models that fail to account for the scale and severity of the damage.”
@greenpeace I am concerned about this, especially for my children. My retirement account did well for the last 35 years. I’m doubtful my girls are going to enjoy that kind of run-up unless society decarbonizes fast. And that implies a massive shift in capital investments away from fossil fuels. A lot of other capital will realign as well.
We can do it with foresight & planning, or do it the hard way.
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