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doctorvive.bsky.social
•
2 days ago
I mean, I think they think that 3C of warming in itself won't strand their "assets," no?
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thierryaaron.bsky.social
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2 days ago
Someone's assets are going to be stranded:
"These facts create the climate-value paradox. The underlying assumptions about the climate risks to each of these asset classes – fossil fuels, insurance, and property values – cannot all be correct. That paradox has brutal political implications"
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doctorvive.bsky.social
•
2 days ago
Oh this looks like a very interesting paper.
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james-bg.bsky.social
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2 days ago
Am sure they think that, but if they and their investors are being honest they should acknowledge there is at the very least a risk that it might.
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doctorvive.bsky.social
•
2 days ago
agreed
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"These facts create the climate-value paradox. The underlying assumptions about the climate risks to each of these asset classes – fossil fuels, insurance, and property values – cannot all be correct. That paradox has brutal political implications"