This is a convoluted way of saying the following:
– Increased insurance payouts due to natural disasters is going to lead to market hardening as insurers boost their bottom lines.
– Carbon intensive businesses are going to be forced to pay a great deal more on many fronts, not only insurance.
– This will hurt those businesses and may force them into insolvency.
– Luckily, central banks are going to be there to buy up the ‘carbon intensive’ assets at fire sale prices, robbing the company founders and employees of all their hard work.
– Data will be massaged and tweaked in order to make all of this seem like an impersonal retaliation by the earth for human existence.
– A very few at the top will profit greatly.
But I thought Obama told us it was all “settled science”. What is left to understand?
This is a convoluted way of saying the following:
– Increased insurance payouts due to natural disasters is going to lead to market hardening as insurers boost their bottom lines.
– Carbon intensive businesses are going to be forced to pay a great deal more on many fronts, not only insurance.
– This will hurt those businesses and may force them into insolvency.
– Luckily, central banks are going to be there to buy up the ‘carbon intensive’ assets at fire sale prices, robbing the company founders and employees of all their hard work.
– Data will be massaged and tweaked in order to make all of this seem like an impersonal retaliation by the earth for human existence.
– A very few at the top will profit greatly.