Powerful and essential reporting by @corbinhiar.bsky.social about increasingly inhuman corporations are preparing for the increasingly inhuman planet they are creating.
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In case you're wondering why his definition of "rational" is a bit off, it may help to know that Gautam Jain is at Columbia's Center on Global Energy Policy, which is heavily financed by Wall Street and Big Oil.
"Growth rates" of "$235B cooling markets" sounds bad, unless you're a trader looking for massive shorting gains.
A 3 degree warming scenario, the analysts determined, could more than double the growth rate of the $235 billion cooling market every year, from 3 percent to 7 percent until 2030.
I need to get my hands on the Morgan Stanley report, but I'd suggest their analysts need to take into account the reality that increasing temperatures will have a negative effect on transmission capacity, which AC units need in order to run. https://www.juancole.com/2025/04/catastrophic-temperature-conditioners.html
I’ve known enough investment banker types over the years to realize that they can turn anything into an investment opportunity. Civilization collapse? I’m sure they can craft a derivative instrument to profit from that.
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A 3 degree warming scenario, the analysts determined, could more than double the growth rate of the $235 billion cooling market every year, from 3 percent to 7 percent until 2030.