Those unhinged eco-terrorists at... (checks notes)... leading global investment banking, securities and investment management firm, Goldman Sachs, released a 34-page analysis of the effects of climate change. And the results are terrifying. - http://markets.businessinsider.com/news/1028552494 ">https://markets.businessinsider.com/news/1028...
It’s contagious! JPMorgan (only the world’s 6th largest bank w/ total assets of $2.73trillion) states that "Climate changes everything...environment-related events have convinced the public & policymakers that global warming is not a risk, but a reality." https://amp.businessinsider.com/goldman-sachs-ubs-jpmorgan-say-2019-is-the-year-for-climate-change-2019-10?utmSource=twitter&utmContent=referral&utmTerm=topbar&referrer=twitter&__twitter_impression=true">https://amp.businessinsider.com/goldman-s...
Bloody hell! Radical environmentalist Mark Carny (former governor of the Bank of Canada, jumped ship to govern the Bank of England) is on the climate crisis bandwagon! https://amp.theguardian.com/environment/2019/oct/13/firms-ignoring-climate-crisis-bankrupt-mark-carney-bank-england-governor?CMP=share_btn_tw&__twitter_impression=true">https://amp.theguardian.com/environme...
What? Now the US Fed?! (Who needs banks anyway when your mattress is safer.) https://www.nytimes.com/2019/10/17/climate/federal-reserve-climate-financial-risk.html">https://www.nytimes.com/2019/10/1...
The Pentagon is “threatened” by a little climate change. Snowflakes.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❄️" title="Snowflake" aria-label="Emoji: Snowflake"> https://www.militarytimes.com/news/your-military/2019/01/18/dod-majority-of-mission-critical-bases-face-climate-change-threats/">https://www.militarytimes.com/news/your...
Can’t get insurance because of greater flood risk? Blame the Insurance Bureau of Canada. Better yet, blame that 16 year old girl!
“Climate change is costing Cdn taxpayers & businesses $billions each year,” claims IBC. “The cost of inaction is too high.” http://www.ibc.ca/on/resources/media-centre/media-releases/severe-weather-causes-190-million-in-insured-damage-in-2018">https://www.ibc.ca/on/resour...
“Climate change is costing Cdn taxpayers & businesses $billions each year,” claims IBC. “The cost of inaction is too high.” http://www.ibc.ca/on/resources/media-centre/media-releases/severe-weather-causes-190-million-in-insured-damage-in-2018">https://www.ibc.ca/on/resour...
Eco alarmists! https://mobile.reuters.com/article/amp/idUSKBN1XF2CS?__twitter_impression=true">https://mobile.reuters.com/article/a...
Now those finance-eco-fanatics are short-selling firms that are “failing to make the shift to sustainability.”!!!
“some big funds have decided they can make money by betting that companies doing nothing to fight climate change are going to get weaker.” https://www.cbc.ca/news/business/climate-stocks-investment-1.5348282">https://www.cbc.ca/news/busi...
“some big funds have decided they can make money by betting that companies doing nothing to fight climate change are going to get weaker.” https://www.cbc.ca/news/business/climate-stocks-investment-1.5348282">https://www.cbc.ca/news/busi...
But, but, but... it’s all a HOAX, right?!
Banking giant HSBC “has issued a shocking assessment of a world impacted by climate change, predicting the health costs of the world& #39;s fastest-growing economies could reach almost US$10 trillion a year by 2050.” https://reneweconomy.com.au/banking-giant-hsbc-gives-shocking-warning-of-us10-trillion-a-year-climate-health-bill-76138/amp/?__twitter_impression=true">https://reneweconomy.com.au/banking-g...
Banking giant HSBC “has issued a shocking assessment of a world impacted by climate change, predicting the health costs of the world& #39;s fastest-growing economies could reach almost US$10 trillion a year by 2050.” https://reneweconomy.com.au/banking-giant-hsbc-gives-shocking-warning-of-us10-trillion-a-year-climate-health-bill-76138/amp/?__twitter_impression=true">https://reneweconomy.com.au/banking-g...
cLimaTe ChAnGe cOuLd PuNcH a HoLE tHrOuGh ThE fiNancIaL sYsTeM... by making 30yr mortgages unobtainable in entire regions.
“That& #39;s what the future could look like w/o policy to address climate change, according to Federal Reserve Bank of San Francisco.” https://www.cbsnews.com/amp/news/climate-change-could-end-mortgages-as-we-know-them/?ftag=CNM-00-10aab7e&linkId=76706995&__twitter_impression=true">https://www.cbsnews.com/amp/news/...
“That& #39;s what the future could look like w/o policy to address climate change, according to Federal Reserve Bank of San Francisco.” https://www.cbsnews.com/amp/news/climate-change-could-end-mortgages-as-we-know-them/?ftag=CNM-00-10aab7e&linkId=76706995&__twitter_impression=true">https://www.cbsnews.com/amp/news/...
Let those solar energy scofflaws survive in the free market!
Wait... what? (...dammit!)
“Yes, the West built its fossil fuel industry on tax breaks, taxpayer funding and subsidies for both producers and consumers.” https://www.google.ca/amp/s/www.forbes.com/sites/walvanlierop/2019/11/14/fossil-fuel-subsidies-and-impact-greenwashing-are-stalling-the-energy-transition/amp/">https://www.google.ca/amp/s/www...
Wait... what? (...dammit!)
“Yes, the West built its fossil fuel industry on tax breaks, taxpayer funding and subsidies for both producers and consumers.” https://www.google.ca/amp/s/www.forbes.com/sites/walvanlierop/2019/11/14/fossil-fuel-subsidies-and-impact-greenwashing-are-stalling-the-energy-transition/amp/">https://www.google.ca/amp/s/www...
Crazy talk! No wonder the Brits want Brexit.
Bank of England’s Mark Carney agrees, you say?
Oh.
“The European Union is to stop funding oil, gas and coal projects at the end of 2021, cutting €2bn (£1.7bn) of yearly investments.” https://www.bbc.com/news/amp/business-50427873?__twitter_impression=true">https://www.bbc.com/news/amp/...
Bank of England’s Mark Carney agrees, you say?
Oh.
“The European Union is to stop funding oil, gas and coal projects at the end of 2021, cutting €2bn (£1.7bn) of yearly investments.” https://www.bbc.com/news/amp/business-50427873?__twitter_impression=true">https://www.bbc.com/news/amp/...
Eco-bonkers groups like (checks notes again) 215 of the world’s biggest companies, including Apple, JPMorgan Chase, Nestlé, & 3M, “see climate change as a threat likely to affect their business within the next 5 yrs, w/ cumulative cost of a $trillion.” https://www.wired.com/story/companies-expect-climate-change-to-cost-them-one-trillion-dollars-in-5-years/?utm_source=twitter&utm_medium=social&utm_campaign=onsite-share&utm_brand=wired&utm_social-type=earned">https://www.wired.com/story/com...
Global conspiracy!
“Climate change poses risk to financial system, Bank of Canada governor says” https://www.cbc.ca/news/business/bank-of-canada-steven-poloz-climate-change-1.5368354">https://www.cbc.ca/news/busi...
“Climate change poses risk to financial system, Bank of Canada governor says” https://www.cbc.ca/news/business/bank-of-canada-steven-poloz-climate-change-1.5368354">https://www.cbc.ca/news/busi...
Ouch!
Bank of Canada: "rapid repricing” of high-carbon assets like oil “might cause fire sales and interact with other vulnerabilities — like excessive leverage — destabilizing the financial system." https://www.nationalobserver.com/2019/11/21/news/bank-canada-announces-plan-prepare-climate-shocks">https://www.nationalobserver.com/2019/11/2...
Bank of Canada: "rapid repricing” of high-carbon assets like oil “might cause fire sales and interact with other vulnerabilities — like excessive leverage — destabilizing the financial system." https://www.nationalobserver.com/2019/11/21/news/bank-canada-announces-plan-prepare-climate-shocks">https://www.nationalobserver.com/2019/11/2...
Gorgeous beachfront property for sale, folks!
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏖" title="Beach with umbrella" aria-label="Emoji: Beach with umbrella">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌊" title="Water wave" aria-label="Emoji: Water wave">
“The findings echo the subprime crisis of ‘08... One difference this time is that those values would be less likely to rebound, because many of the homes literally would be underwater.” https://www.google.ca/amp/s/www.vice.com/amp/en_ca/article/wjwyy9/a-big-short-investors-new-bet-climate-change-will-bust-the-housing-market">https://www.google.ca/amp/s/www...
“The findings echo the subprime crisis of ‘08... One difference this time is that those values would be less likely to rebound, because many of the homes literally would be underwater.” https://www.google.ca/amp/s/www.vice.com/amp/en_ca/article/wjwyy9/a-big-short-investors-new-bet-climate-change-will-bust-the-housing-market">https://www.google.ca/amp/s/www...
Oh for Pete’s sake. Now Moody’s?
IEEFA update: Moody’s adjusts ExxonMobil credit outlook to negative.
“negative outlook reflects the emerging threat to oil & gas companies from efforts by many nations to mitigate the impacts of climate change...” https://ieefa.org/ieefa-update-moodys-adjusts-exxonmobil-credit-rating-to-negative/">https://ieefa.org/ieefa-upd...
IEEFA update: Moody’s adjusts ExxonMobil credit outlook to negative.
“negative outlook reflects the emerging threat to oil & gas companies from efforts by many nations to mitigate the impacts of climate change...” https://ieefa.org/ieefa-update-moodys-adjusts-exxonmobil-credit-rating-to-negative/">https://ieefa.org/ieefa-upd...
Moody& #39;s AND Wells Fargo???? (Stop it, just stop it.)
Financial firms scrambling to buy climate-service providers https://www.economist.com/finance-and-economics/2019/11/23/firms-that-analyse-climate-risks-are-the-latest-hot-property?fsrc=scn/tw/te/bl/ed/firmsthatanalyseclimaterisksarethelatesthotpropertysunnydays">https://www.economist.com/finance-a...
Financial firms scrambling to buy climate-service providers https://www.economist.com/finance-and-economics/2019/11/23/firms-that-analyse-climate-risks-are-the-latest-hot-property?fsrc=scn/tw/te/bl/ed/firmsthatanalyseclimaterisksarethelatesthotpropertysunnydays">https://www.economist.com/finance-a...