The formulas that already price your mortgage, your car loan, your business line of credit are being extended to include climate and ecosystem variables.
They, the privately owned and controlled global financial system, had to come up with new ways of extracting wealth from those who they despise; We the People, now that they've exhausted the derivative Ponzi scheme. 1992s Rio Earth Summit was the kick off.
It amazes me we accept these thugs to rule this planet.
Too long. Too much assumption of prior knowledge. Too many embedded posts. Why not write 5 or 10 minute (max) summaries and then link to the 40 minute read for those that want to dive deeper?
I know. No one can beat you for detail and context. But your pieces are so detailed as to be completely inaccessible to all but the most perseverent. This makes them useless for all practical purposes. Don't write off accessibility': Writing short accessible summaries is a skill. It’s not easy but you might find a much larger audience. And that is the point, is it not?
Somebody else could do this. But they would need a higher level of knowledge and skills than most readers here do. I can discern the big outline of what is explained in detail here, and it kind of induces fear and panic. And a feevle hope that someine else might start to suggest grassroots strategies for "little people" to take to at least minimally survive TSHTF moment.
Credit ratings are supposed to take into consideration all kinds of risks in their ratings. Will rating agencies be obliged to integrate the climate change risk framework encompassing the concept of stranded assets in their approach? How independent could they be from this whole circus especially when the US are considering the whole climate change discourse as a hoax? How will end this disconnect between this pseudo statistical risk assessment and the economic realities as they manifest with the present fight we are witnessing for the control of non western fossil energy on the US part?
Is Larry Fink now a nuclear energy zealot, or has he done an about face on Climate orthodoxy? At Davis said he’s now “100% behind the data center buildout, and that requires energy”, adding “you can’t do it with renewables because they aren’t available[24/7] and you have to have availability”. Perhaps he’s going all in on compact reactors, but they aren’t going to be the total solution either. If he backs off on Wind and Solar investment that alone will add a chink to the Climate agenda. Time will tell.
They, the privately owned and controlled global financial system, had to come up with new ways of extracting wealth from those who they despise; We the People, now that they've exhausted the derivative Ponzi scheme. 1992s Rio Earth Summit was the kick off.
It amazes me we accept these thugs to rule this planet.
Too long. Too much assumption of prior knowledge. Too many embedded posts. Why not write 5 or 10 minute (max) summaries and then link to the 40 minute read for those that want to dive deeper?
because that's not what i do.
my substack is about digging out the critical bits of evidence, regardless of how deep that takes one
I know. No one can beat you for detail and context. But your pieces are so detailed as to be completely inaccessible to all but the most perseverent. This makes them useless for all practical purposes. Don't write off accessibility': Writing short accessible summaries is a skill. It’s not easy but you might find a much larger audience. And that is the point, is it not?
Somebody else could do this. But they would need a higher level of knowledge and skills than most readers here do. I can discern the big outline of what is explained in detail here, and it kind of induces fear and panic. And a feevle hope that someine else might start to suggest grassroots strategies for "little people" to take to at least minimally survive TSHTF moment.
“We redistribute de facto the world’s wealth by climate policy”
Ottmar Edenhofer UN IPCC official
Credit ratings are supposed to take into consideration all kinds of risks in their ratings. Will rating agencies be obliged to integrate the climate change risk framework encompassing the concept of stranded assets in their approach? How independent could they be from this whole circus especially when the US are considering the whole climate change discourse as a hoax? How will end this disconnect between this pseudo statistical risk assessment and the economic realities as they manifest with the present fight we are witnessing for the control of non western fossil energy on the US part?
Is Larry Fink now a nuclear energy zealot, or has he done an about face on Climate orthodoxy? At Davis said he’s now “100% behind the data center buildout, and that requires energy”, adding “you can’t do it with renewables because they aren’t available[24/7] and you have to have availability”. Perhaps he’s going all in on compact reactors, but they aren’t going to be the total solution either. If he backs off on Wind and Solar investment that alone will add a chink to the Climate agenda. Time will tell.