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#globalwarming

48 posts32 participants2 posts today
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@davidho.bsky.social In case anyone was in doubt about how sociopathic Wall Street bankers are.

Global warming is happening, they say, so invest now in air conditioning stocks!

"The big banks’ acknowledgment that the world is likely to fail at preventing warming of more than 2 degrees Celsius above preindustrial levels is spelled out in obscure reports for clients, investors and trade association members. Most were published after the reelection of President Donald Trump, who is seeking to repeal federal policies that support clean energy while turbocharging the production of oil, gas and coal — the main sources of global warming.

"Morgan Stanley’s climate forecast was tucked into a mundane research report on the future of air conditioning stocks, which it provided to clients on March 17. A 3 degree warming scenario, the analysts determined, could more than double the growth rate of the $235 billion cooling market every year, from 3 percent to 7 percent until 2030."

eenews.net/articles/big-banks-

E&E News by POLITICO · Big banks predict catastrophic warming, with profit potentialMorgan Stanley, JPMorgan and an international banking group have quietly concluded that climate change will likely exceed the Paris Agreement's 2 degree

Well, there's a headline that certainly captures the moment: Big banks predict catastrophic warming, with profit potential.

“We now expect a 3°C world,” Morgan Stanley analysts wrote earlier this month."

"The stunning conclusion indicates that the bank believes the planet is hurtling toward a future in which severe droughts and harvest failures become widespread, sea-level rise is measured in feet rather than inches and tropical regions experience episodes of extreme heat and humidity for weeks at a time."

"Morgan Stanley’s climate forecast was tucked into a mundane research report on the future of air conditioning stocks, which it provided to clients on March 17."

eenews.net/articles/big-banks-

h/t @ai6yr
#GlobalWarming #Climate #ClimateChange #Capitalism #Banking

E&E News by POLITICO · Big banks predict catastrophic warming, with profit potentialMorgan Stanley, JPMorgan and an international banking group have quietly concluded that climate change will likely exceed the Paris Agreement's 2 degree

Big Banks Quietly Prepare for Catastrophic Climate Change

#MorganStanley, #JPMorgan and an international banking group have quietly concluded that #ClimateChange will likely exceed the #ParisAgreement's 2 degree goal and are examining how to maintain profits.

The big banks' acknowledgment that the world is likely to fail at preventing warming of more than 2 degrees Celsius above preindustrial levels is spelled out in obscure reports for clients, investors and trade association members. Most were published after the reelection of President Donald Trump, who is seeking to repeal federal policies that support clean energy while turbocharging the production of oil, gas and coal — the main sources of #GlobalWarming.

"We now expect a 3°C world," Morgan Stanley analysts wrote earlier this month, citing "recent setbacks to global decarbonization efforts."

Morgan Stanley’s #climate forecast was tucked into a mundane research report on the future of air conditioning stocks, which it provided to clients on March 17. A 3 degree warming scenario, the analysts determined, could more than double the growth rate of the $235 billion cooling market every year, from 3 percent to 7 percent until 2030.

scientificamerican.com/article

#ClimateCatastrophe
#Capitalism

6 bundles of US $100 bills standing vertically on edge of white shelf.
Scientific American · Big Banks Quietly Prepare for Catastrophic Climate ChangeBy Corbin Hiar

Boiling Point: Not a great year for #climatechange at #Oscars
For second year, nonprofit firm Good Energy applied Climate Reality Check to #Oscar-nominated films. Intended as a #climate version of Bechdel test, which measures representation of women, Climate Reality Check tests whether movie & characters acknowledge #globalwarming
Climate silence “does feel a little striking after the harrowing year we’ve all had,” Good Energy Anna Jane Joyner said
latimes.com/environment/newsle
archive.ph/OjMKy

An Oscars statue at the Dolby Theatre in Los Angeles.
Los Angeles Times · Boiling Point: Not a great year for climate change at the OscarsHardly any Academy Award-nominated films mentioned global warming.

Africa: Global Climate Action Progressing, but Speed and Scale Still Lacking: [IPS] Former UN Climate Chief Christiana Figueres praised the role of small island states in maintaining the integrity of international climate agreements but said the world was far behind and said that the decarbonisation of the global economy is by now irreversible with or without the craziness in the United… newsfeed.facilit8.network/TJs3 #ClimateAction #GlobalWarming #Decarbonisation #ClimateChange #SustainableDevelopment

A pro-science rally in Vancouver, Washington on Saturday pushed back against recent federal actions, coinciding with nationwide (and some cities in Europe) protests targeting Tesla dealerships, including in the Pacific Northwest.

The "Rally for Science" at Esther Short Park drew dozens of participants carrying signs and chanting in support of science and education
#AureFreePress #News #press #headline #GlobalWarming #climatechange #climatecrisis

katu.com/news/local/protests-t

The study noted that pollinators provide more than $15 billion worth of food each year in North America.

Among the insect pollinators, extinction risks were highest with bees. Out of 472 species of bees studied in Canada and the U.S., 34.7 per cent were at risk of extinction. The study said that 10 bee, 11 butterfly, and two moth species were classified as critically imperilled

cfjctoday.com/2025/03/30/sober

CFJC Today Kamloops · ‘Sobering statistic:’ One-fifth of pollinators in North America at extinction riskFREDERICTON - Many butterflies, bees and moths are fluttering into oblivion. A new report co-authored by a Can...

#FYI #PaulBeckwith video lecture and literature review

"Atmospheric rivers (ARs) are narrow, elongated regions of intense atmospheric moisture transport that are responsible for a large proportion of midlatitude extreme precipitation. [...] ARs will intensify due to warmer air’s ability to hold more moisture."

youtube.com/watch?v=rJxIFYqxAU0