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. - markets.businessinsider.com/news/1028552494
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." amp.businessinsider.com/goldman-sachs-…
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! amp.theguardian.com/environment/20…
What? Now the US Fed?! (Who needs banks anyway when your mattress is safer.) nytimes.com/2019/10/17/cli…
The Pentagon is “threatened” by a little climate change. Snowflakes. ❄️ militarytimes.com/news/your-mili…
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.”ibc.ca/on/resources/m…
“Climate change is costing Cdn taxpayers & businesses $billions each year,” claims IBC. “The cost of inaction is too high.”ibc.ca/on/resources/m…
Eco alarmists! mobile.reuters.com/article/amp/id…
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.”
cbc.ca/news/business/…
“some big funds have decided they can make money by betting that companies doing nothing to fight climate change are going to get weaker.”
cbc.ca/news/business/…
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's fastest-growing economies could reach almost US$10 trillion a year by 2050.” reneweconomy.com.au/banking-giant-…
Banking giant HSBC “has issued a shocking assessment of a world impacted by climate change, predicting the health costs of the world's fastest-growing economies could reach almost US$10 trillion a year by 2050.” reneweconomy.com.au/banking-giant-…
cLimaTe ChAnGe cOuLd PuNcH a HoLE tHrOuGh ThE fiNancIaL sYsTeM... by making 30yr mortgages unobtainable in entire regions.
“That's what the future could look like w/o policy to address climate change, according to Federal Reserve Bank of San Francisco.” cbsnews.com/amp/news/clima…
“That's what the future could look like w/o policy to address climate change, according to Federal Reserve Bank of San Francisco.” cbsnews.com/amp/news/clima…
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.” google.ca/amp/s/www.forb…
Wait... what? (...dammit!)
“Yes, the West built its fossil fuel industry on tax breaks, taxpayer funding and subsidies for both producers and consumers.” google.ca/amp/s/www.forb…
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.”
bbc.com/news/amp/busin…
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.”
bbc.com/news/amp/busin…
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.” wired.com/story/companie…
Global conspiracy!
“Climate change poses risk to financial system, Bank of Canada governor says”
cbc.ca/news/business/…
“Climate change poses risk to financial system, Bank of Canada governor says”
cbc.ca/news/business/…
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."nationalobserver.com/2019/11/21/new…
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."nationalobserver.com/2019/11/21/new…
Gorgeous beachfront property for sale, folks! 🏖 🌊
“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.”google.ca/amp/s/www.vice…
“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.”google.ca/amp/s/www.vice…
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...”
ieefa.org/ieefa-update-m…
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...”
ieefa.org/ieefa-update-m…
Moody's AND Wells Fargo???? (Stop it, just stop it.)
Financial firms scrambling to buy climate-service providers
economist.com/finance-and-ec…
Financial firms scrambling to buy climate-service providers
economist.com/finance-and-ec…
Darn.
Climate change will crush real estate values for investors who don’t prepare, new report says
“This process will be painful for investors who are caught off guard, but those who are prepared have the potential to outperform,”cnbc.com/2019/04/08/cli…
Climate change will crush real estate values for investors who don’t prepare, new report says
“This process will be painful for investors who are caught off guard, but those who are prepared have the potential to outperform,”cnbc.com/2019/04/08/cli…
Who needs insurance? Live dangerously!
“Zero tolerance for coal expansion is the only responsible action in a carbon-constrained world. Financial institutions with weaker coal policies, like BNP Paribas and Talanx, now risk looking flat-footed.”
theguardian.com/business/2019/…
“Zero tolerance for coal expansion is the only responsible action in a carbon-constrained world. Financial institutions with weaker coal policies, like BNP Paribas and Talanx, now risk looking flat-footed.”
theguardian.com/business/2019/…
Norway and SAUDI?!
“Norway’s plan to ditch a host of O & G companies has highlighted the pressure on petroleum-rich sovereign funds to cut their exposure to a sector that is facing serious questions from investors over its long-term prospects.”
google.ca/amp/s/amp.ft.c…
“Norway’s plan to ditch a host of O & G companies has highlighted the pressure on petroleum-rich sovereign funds to cut their exposure to a sector that is facing serious questions from investors over its long-term prospects.”
google.ca/amp/s/amp.ft.c…
Oh.
“Hedge fund TCI has outlined plans to punish directors of companies that fail to disclose their carbon emissions in a move that underlines rising investor concerns over climate change and the pressure on boardrooms to respond.”google.ca/amp/s/amp.ft.c…
“Hedge fund TCI has outlined plans to punish directors of companies that fail to disclose their carbon emissions in a move that underlines rising investor concerns over climate change and the pressure on boardrooms to respond.”google.ca/amp/s/amp.ft.c…
I blame Europe. And those greenie lefties.
Moody’s downgrades Alberta citing “a structural weakness in the provincial economy that remains dependent on non-renewable resources which causes volatility in financial performance...” globalnews.ca/news/6255402/k…
Moody’s downgrades Alberta citing “a structural weakness in the provincial economy that remains dependent on non-renewable resources which causes volatility in financial performance...” globalnews.ca/news/6255402/k…
“Companies with the highest level of carbon emissions will lose 43% of their value by 2025 as governments around the world implement climate policies, a new report has claimed.”cnbc.com/amp/2019/12/09…
Good golly. “Principles for Responsible Banking”!!! amp.businessinsider.com/banks-worth-47…
“We are about to begin the Climate Decade. With 10 yrs left to halve GHG emissions to keep global warming to no more than 1.5 we need every major US company to go further & faster to shift toward a clean economy & ensure a more prosperous future.”
theclimategroup.org/news/goldman-s…
theclimategroup.org/news/goldman-s…
The London & Hong Kong-headquartered bank announced that it would only support clients that “actively transition their business to generate less than 10% of earnings from thermal coal by 2030,” and would be withdrawing from three coal projects. eco-business.com/news/standard-…
Those eco-fanatics again. m.huffingtonpost.ca/entry/goldman-…
Alrighty then.
Bank of Canada warns 'fire sales' of carbon-intensive assets could 'destabilize' financial system nationalobserver.com/2019/05/16/new…
Bank of Canada warns 'fire sales' of carbon-intensive assets could 'destabilize' financial system nationalobserver.com/2019/05/16/new…
