The Money People say Climate Change is NOT AN ISSUE

Discussion in 'Environment' started by westwall, Feb 25, 2011.

  1. westwall
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    westwall USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Well not exactly. They do say that GOVERNMENT INTERVENTION can have very bad impacts on the investment portfolios of their clients but "climate change" itself is not an issue requiring consideration.

    Climate Change Report
     
  2. percysunshine
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    percysunshine Gold Member

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    So some moron accountant is making a physics decission. How do you think we got into this mess in the first place?
     
  3. Old Rocks
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    Old Rocks Diamond Member

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    Good God, Walleyes, is that what you got out of the data this site presents? Are you capable of reading or understanding beyond a third grade level?

    Climate Change - videos
     
  4. Old Rocks
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    Old Rocks Diamond Member

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    Responsible investment e-newsletter: Issue 17

    Climate Change Scenarios - Implications for Strategic Asset Allocation
    Continued delay in climate change policy action and international coordination could cost institutional investors trillions of dollars over the coming decades, according to this new research by Mercer and a group of leading investors representing $2 trillion in assets under management. Learn more about the report and related events.
     
    Last edited: Feb 25, 2011
  5. westwall
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    westwall USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Much better than you olfraud!:lol::lol: These are the money people that advise people on how to invest, if they are wrong they are out of business so yes I would trust these folks over a climatologist any day of the week.
     
  6. Old Rocks
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    Old Rocks Diamond Member

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    Responsible investment e-newsletter: Issue 17

    Fiduciary Duty – Taking Aim at ESG Integration
    Members of the US investment community often use the idea of fiduciary duty to explain why investors shouldn’t integrate climate change or other ESG factors into investment decision-making. In this article, Mercer challenges that notion and explores real and perceived barriers to ESG integration.

    Carbon Counts: Assessing the Carbon Exposure of Canadian Institutional Investment Portfolios
    Mercer and WWF-Canada recently released a ground-breaking report highlighting climate change as a new risk for institutional investors and providing insights into carbon risk assessment of an investment portfolio. The report was prepared for WWF-Canada by Mercer and Trucost in order to examine the carbon exposure of Canadian institutional pooled investment products.
     
  7. westwall
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    westwall USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Most good physicists are sceptics. Freeman Dyson is one of the most preeminent physicists on the planet and has been called the heir to Einstein and he feels AGW is a non starter. So I suggest you take it up with him.
     
  8. Old Rocks
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    Now does that say that climate change itself is not an issue?

    4 trillion dollars is not an issue?

    And look at where they are talking about government policy.

    What they are saying is that the governments need to be more coordinated and proactive in creating policy to deal with climate change.

    Exactly the opposite of what you claim. And this is from their site.

    Trillions of dollars at stake from climate change

    Climate change increases uncertainty for long term institutional investors and as such, needs to be pro-actively managed.
    Investment opportunities in low carbon technologies could reach $5 trillion.
    The cost of impacts on the physical environment, health and food security could exceed $4 trillion. Climate change related policy changes could increase the cost of carbon emissions by as much as $8 trillion.
    Increasing allocation to “climate sensitive” assets will help to mitigate risks and capture new opportunities.
    Engagement with policy makers is crucial for institutional investors to pro-actively manage the potential costs of delayed and poorly co-ordinated climate policy action.
    Policy developments at the country level will produce new investment opportunities as well as risks that need to be constantly monitored.
    The EU and China/East Asia are set to lead investment in low carbon technology and efficiency improvements over the coming decades.
     
  9. percysunshine
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    percysunshine Gold Member

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    Richard Feynman had more character....and, a model of the positron that holds to this day.
     
  10. Old Rocks
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    Walleyes, your site states that climate change is a major concern for investors, and the physical effects of climate change will be felt in investments.

    They also state that policy makers, i.e. governments, must be influenced to take prudent steps to mitigate the effects of climate change.
     

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