JP Morgan chase recently published a comprehensive climate report which spelled out to its investors how they should be adapting to the coming storm and pointed out all the lucrative investment opportunities a warming planet presents (like melting sea ice & thawing permafrost opening up new trade routes and mining sites, and increasing temperatures providing an uplift to the air-conditioning market. Meanwhile the UK Institute and Faculty of Actuaries, who are financial risk managers, published their own analysis with a very different outlook. This video compares and contrasts the two reports.

JP Morgan document / dark comedy: https://www.jpmorgan.com/content/dam/jpm/cib/documents/Building_intuition_for_strategic_decision_making.pdf

  • kingofras@lemmy.worldOP
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    2 hours ago

    Tldr; the nature of capitalism is juxtaposed to any action to ease the ongoing climate emergency.

    See how I cleverly used the word nature in there?