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Shouldn't they make recommendations how to invest to reduce the economic fall-out of climate change? Mitigating climate change (by replacing ACs, finding alter
by david_draco 7y ago
Shouldn't they make recommendations how to invest to reduce the economic fall-out of climate change?
Mitigating climate change (by replacing ACs, finding alternatives to concrete, adding a carbon tax) from the current +6° trajectory to +5° or +4° or +3° or +2° has benefits for human health, cooling, crops, political stability, energy production and many more, all associated with high costs in case of no mitigation.
Why don't very large financial institutions that plan out for the next 20-40 years speak up?
- tomrod 7y agoLack of political will and discipline. I know this area well and this group somewhat (no current affiliation with them anymore). I think we are entering the adaption phase where forecasts lose viability. Not because the science is wrong, but because the human element is unpredictable without defined geography.
- lvs 7y agoDriving up fossil fuel prices would be a good way to kick the habit. Stop giving them easy capital in loans, investments, low interest rates, and cheap insurance to fund their growth. You know, a financial tourniquet.