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Given all of these market mechanisms & broad consensus about GW effects amongst a certain wealthy & market-moving slice of the population (coastal landowners) i
by h4nkoslo 10y ago
Given all of these market mechanisms & broad consensus about GW effects amongst a certain wealthy & market-moving slice of the population (coastal landowners) it is extremely odd that they continue to, eg, pump money into Miami real estate. And AFAICT there is no macro-hypothesis global warming hedge fund with any significant level of assets, so hey, money on the table.
Their revealed belief would seem to be that the effects will be mitigated one way or another.