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This happens all the time, and isn't considered fraud. San Fransisco is doing it- claiming one risk of climate change for the purposes of setting regulations an
by beerandt 7y ago
This happens all the time, and isn't considered fraud. San Fransisco is doing it- claiming one risk of climate change for the purposes of setting regulations and filing lawsuits, and using another for applying for insurance.
And I don't think being punished for using an overly conservative figure is likely, unless the court invents some duty owed to short-sellers. And it's not something we want to encourage.