Originally posted by Halfmiler2
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Originally posted by Atticus View PostI used to be a shoulder-shrugger about it all - what shall be shall be - but then I actually started reading up on it and was alarmed at what I was seeing. Too much overwhelming data to ignore.Last edited by user4; 02-02-2020, 10:45 PM.
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Originally posted by gh View Postsorry, it's already happening
Climate change is causing the most significant shift in the investment universe I have seen in my 35 years in the industry. But if asset managers are to play a critical role, they must adopt a more radical approach.
Our customers, particularly the next generation, regard climate change as the biggest global threat.
We need to respond in a manner that is substantive, authentic, informed and impactful. This means focusing on actions, not excuses; outcomes, not intentions.
Investors cannot wait for governments to respond. Capital must be redeployed to find solutions and address the risks. We also need to be direct in representing our views.
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Originally posted by Atticus View PostWhy not? Mother nature creates them simultaneously, depending on the conditions in that region. If you believe that MMGW is a thing, you can certainly see how droughts and floods and polar vortexes and hurricanes and every kind of severe weather can be exacerbated by the changes that MMGW manifests. That's what climatologists do for a living: see how the models are changing and ascertaining what that means for Mommy Earth.
A true and accurate model would look at not just potential legit costs, but also benefits, such as milder winters in the northeastern USA, and better agricultural conditions in some regions.Last edited by Halfmiler2; 02-03-2020, 03:27 AM.
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Originally posted by Conor Dary View PostIndeed....as the business world realizes....in the FT tomorrow.
Climate change is causing the most significant shift in the investment universe I have seen in my 35 years in the industry. But if asset managers are to play a critical role, they must adopt a more radical approach.
Our customers, particularly the next generation, regard climate change as the biggest global threat.
We need to respond in a manner that is substantive, authentic, informed and impactful. This means focusing on actions, not excuses; outcomes, not intentions.
Investors cannot wait for governments to respond. Capital must be redeployed to find solutions and address the risks. We also need to be direct in representing our views.
If you cant trust hedge fund managers to know how to make money who can you trust ? .. which certainly proves what carnival vendors knew 4000 years ago, that businessmen know what their customers want and maybe more importantly know how to market what they are selling even when they don't.
Originally posted by Halfmiler2 View PostProhibiting private jets going to climate change conferences would be a good start.Last edited by user4; 02-03-2020, 06:25 PM.
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Record high temperature in Antarctica reported -- 18.3C (64.9F)
https://www.euronews.com/2020/02/07/...each-of-18-3-c
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84 here yesterday - 17 degrees above normal. We've been 7-10 degrees above normal for most of the last month. Mild winters here are fine with me, but I haven't seen ice here in over 10 years and it used to be an annual occurrence.
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I enjoy mild winters--who in the Northeast or Midwest doesn't? But I'm truly concerned by global warming and its implications on the world in which my grandchildren (and their grandchildren) will have to live. If there are things that governments and businesses can reasonably do to slow global warming and reduce its effects, at least some of those things should be done, and the sooner the better.
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