Morgan Stanley, JPMorgan and an international banking group have quietly concluded that climate change will likely exceed the Paris Agreement’s 2 degree C goal and are examining how to maintain profits
Banks trying to take profits buying air conditioner stocks while society and the biosphere is crumbling around them is a perfect encapsulation of this crisis. I’m doing my best to laugh at the absurdity of it all, because the alternative is paralyzing depression.
If you’re interested in the more fundamental dynamics at play here, I’d highly recommend giving these a watch:
Banks trying to take profits buying air conditioner stocks while society and the biosphere is crumbling around them is a perfect encapsulation of this crisis. I’m doing my best to laugh at the absurdity of it all, because the alternative is paralyzing depression.
If you’re interested in the more fundamental dynamics at play here, I’d highly recommend giving these a watch: