Someone pushed him to the left
Didn’t Chicago have the Carbon Credit disaster
Sheesh...the “Market” like politics is being driven by the leftist”s media.
Of course ‘the markets’ say that global warming is happening. They stand to make money off it.
Buy the rumor, sell the fact.
Driving prices up. Leftists seem to have only one goal in mind: break the economy, then pretend to fix it through government takeover.
Reason?
Antithesis thereof
This looks like data mining to me. Start with a conclusion, then go looking for facts to support that conclusion.
What annoys me a lot is all these talk and use of the term CLIMATE CHANGE as if any sane person believes that climate doed not change.
The issue is and has always been -— GIVEN THE FACT THAT CLIMATE DOES CHANGE, to what extent are man’s activities causing it, if at all?
I propose we all use this abbreviation instead MMCC or ACC.
MMCC: MAN-MADE CLIMATE CHANGE
ACC: ANTHROPOGENIC CLIMATE CHANGE
If Professor Valentina Zharkova's predictions are correct, there will be a lot more of these in the coming two decades.
This is stupid. The markets just started less than 20 years ago. They did not have it right. It takes time for markets to hone in on right. It is also crazy to think that markets can make use of a .3% global change in temperature. So this is not a story of reliance. Its a story of “overfit”. Which is the statistical term that says, you give me any bucket of data and I can find a story in it. Like flipping a coin 1000 times you can always find the one time where heads showed up 6 times in a row, or the reverse.
Scientific theory states that you have to create a theory first then test it several times to see if it can be verified. But looking at data first and then gleaning observations means that you are creating a theory based on chance occurrences, not science.
The market thought WeWorj was a runaway success.
Ive already pointed out this fascist move elsewhere initiated by Obama.
Regulators are mandating that banks account for climate change as part of due diligence - this trickle down to insurance companies who are now charging for climate change or refusing to insure companies (like coal, car manufacturers) that cause climate change.
This means businesses must account for it in their bottom line or, effectively, the government is starving them out. Just as social media and PayPal, and credit card companies are doing it to the internet.
Climate is always changing. Man-made climate change is the big lie.
Actually, this is looks like a perfect vehicle for making money off of biased public perceptions. Massive discontinuities from reality can be monetized. National elections are a perfect example, where the media routinely attempts to ensure the leftist candidates win, constructs polling to reinforce this agenda, and disproportionately reports negatively on the opposition to the leftist candidate. See the 2016 election, and I think it was the 2018 election in Australia, where people made a lot of money betting on the more conservative candidate, was at much longer odds due to public misperception of reality.
Really? Someone tell the real-estate brokers in Manhattan, Miami Beach, and other locales that will be underwater in 10 years. LOL.
So a fake comity exchange was set up to validate a political opinion and it, surpise, validates the political opinion?
And this circular logic is “news”.
Somebody is going to lose their ass on this, like the government wasted millions on Solyndra. Private companies who are pricing in this hoax are going to get killed. I’m not talking about advertising, because their are tens of millions of stupid snowflakes who believe in globull warming, so those ads are actually having an impact on the stupid and gullible.
But actually pricing high temperatures and sea level rise into real things is a massive money loser. The government can do that all day. The private sector can’t.
I don’t want a 20 years cold snap but it is looking like that is what it is going to take to wake up the stupid and gullible snoflakes that believe in this sh.. garbage.
Reason has lost its mind.