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Ah, thanks. Yeah, not sure I'd agree totally with that particular comment. > Why hasn't Bezos or Soros or whoever started buying lots of land in northern Saska
by thaumaturgy 8y ago
Ah, thanks. Yeah, not sure I'd agree totally with that particular comment.
> Why hasn't Bezos or Soros or whoever started buying lots of land in northern Saskatchewan, or shorting land on the coasts?
Because (a) it's complicated (https://www.bloomberg.com/news/features/2018-05-02/the-u-s-climate-strategy-of-total-retreat-is-failing https://www.bloomberg.com/news/features/2018-05-02/the-u-s-c...) and (b) investors are famously short-term thinkers and as is evident in some of the discussion here, the effects of global warming are just slow and opaque enough to fool a lot of people into thinking they don't exist.
...and this is granting that investor interest is a good way to evaluate how sound the science is on some subject, and I don't think that's a position I'd agree with.