"The stunning conclusion indicates the bank believes the planet is hurtling toward a future in which severe droughts and harvest failures become widespread, sea-level rise is measured in feet, tropical regions experience episodes of extreme heat that bring deadly risks to people who work outdoors."
one time in 2020 lockdown my gf and i were so bored we opened fake stock portfolios on a trading practice app with an imaginary budget of $1 million to compete against each other. i picked 50% air conditioning companies. didn’t happen as fast as I thought but it’s happening, too bad it wasn’t real
i’m just out here like walter white, checking the price of an air conditioning stock i could never have afforded to buy in real life that would have made me millions
“who benefits the most from climate change? Russia and Russia’s foreign investor class. A thousand times over.” is a massive part of what’s happening now yet no one seems to recognize this
Good find. What’s not stated here, but is clearly forthcoming, is the raft of risk mitigations coming - insurance coverage areas, insurance premium hikes, etc.
Our political leaders can deny climate change all they want, but these institutions can read the data and know how to protect themselves.
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Our political leaders can deny climate change all they want, but these institutions can read the data and know how to protect themselves.