Bank of England’s Carney Warns Investors to Get Serious About Climate Change

By and | February 27, 2020

  • February 27, 2020 at 12:36 pm
    Craig Cornell says:
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    Insurance Journal’s Scary Monster story of the day. ZZZZZZZZZZZZZZZZZZZZZZZZZ.

    The gist: climate scientists have wide-ranging predictions on the impact of climate change, what is causing it and to what degree (CO2, methane, natural change), many different ideas on how we can mitigate it, how bad the damage might or might not be.

    But investors should try to predict with precision the impact on different industries.
    Right. That should be easy. What a joke. Imagine if Insurance Journal printed balanced articles on climate change, pointing out the limits of our knowledge and how stupid these corporate leaders sound with their admonitions to predict the impossible to predict.

    Did you Know? The current predictions from the IPCC center around a likely future of mild warming. You sleepy? I’m sleepy.



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