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Insurance companies are already pricing climate disasters in their models and warning of significant costs from mitigating the damage. Markets probably are too
by karmakurtisaani 2y ago
Insurance companies are already pricing climate disasters in their models and warning of significant costs from mitigating the damage. Markets probably are too short-sighted for that.
Also, actuaries are modeling costs of for example hurricanes, which is "easy" to fit to climate framework. But to see how the climate problems reflect to, say, Nvidia stock price is much harder.