COP: There might be disappointment, but it’s still the best hope we have

One response to “COP: There might be disappointment, but it’s still the best hope we have”

1. 

   Mike Clark

   December 1, 2022

   Well said Fiona. Few people realise just how disastrous 2Deg will be, let alone anything higher. Insurers will rightly continue to withdraw cover. So more uninsured losses will help us realise GDP is a dangerous metric when it ignores balance sheet destruction. With less insurance offered, banks will fund fewer capital projects.
   When earth science arm wrestles capital markets, the winner is clear. A Minsky Moment seems pretty certain.
   Strange not to have you on the stage here in Barcelona! Best, Mike

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