Normal
I suggest the issue around CC and its impact on the world is far bigger than just looking at individual stocks. In fact if we just reference some world leaders in money markets we would recognise that the effects of business as usual operations will destroy our current systems within the life time of most people on this forum - let alone their children and grandchildren.From an investment point of view there are big questions around1) How do we deal with practices and industries that continue to pour Greenhouse gases into the atmosphere and deepen the crisis ?2) How long can our Insurance industry survive ever increasing disasters around floods, fire and extreme weather conditions ?3) At what point do rising sea levels have an undeniable impact on the viability of coastal developments let along whole countries ?4) At what point do rising temperatures make large areas of land including whole countries virtually uninhabitable ?At this stage these aren't certainties. But they are significant risks and business and investors need to deal with risk management. So I agree with the premise that the effects of CC needs its own forum - but not one where the first impulse is to just rubbish the reality of what is happening.https://www.theguardian.com/environment/2019/apr/17/mark-carney-tells-global-banks-they-cannot-ignore-climate-change-dangershttps://www.bloomberg.com/news/articles/2019-04-02/central-banks-are-thinking-greener-as-climate-change-hits-policyhttp://fortune.com/2019/04/26/climate-change-central-banks/
I suggest the issue around CC and its impact on the world is far bigger than just looking at individual stocks. In fact if we just reference some world leaders in money markets we would recognise that the effects of business as usual operations will destroy our current systems within the life time of most people on this forum - let alone their children and grandchildren.
From an investment point of view there are big questions around
1) How do we deal with practices and industries that continue to pour Greenhouse gases into the atmosphere and deepen the crisis ?
2) How long can our Insurance industry survive ever increasing disasters around floods, fire and extreme weather conditions ?
3) At what point do rising sea levels have an undeniable impact on the viability of coastal developments let along whole countries ?
4) At what point do rising temperatures make large areas of land including whole countries virtually uninhabitable ?
At this stage these aren't certainties. But they are significant risks and business and investors need to deal with risk management.
So I agree with the premise that the effects of CC needs its own forum - but not one where the first impulse is to just rubbish the reality of what is happening.
https://www.theguardian.com/environment/2019/apr/17/mark-carney-tells-global-banks-they-cannot-ignore-climate-change-dangers
https://www.bloomberg.com/news/articles/2019-04-02/central-banks-are-thinking-greener-as-climate-change-hits-policy
http://fortune.com/2019/04/26/climate-change-central-banks/
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