Saturday , March 28 2020
Home / Mike Norman Economics / Fossil fuel funder JP Morgan warns of climate threat

Fossil fuel funder JP Morgan warns of climate threat

Summary:
The report’s authors, David Mackie and Jessica Murray, said that deaths, immigration and conflicts would only rise as the planet heated and water supplies dwindled, while famines would increase and species would be wiped out. “We cannot rule out catastrophic outcomes where human life as we know it is threatened,” they said. They added that carbon emissions “will continue to affect the climate for centuries to come. The Times Fossil fuel funder JP Morgan warns of climate threat

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Thomas Masterson writes The Coronavirus Does Not Discriminate; Unfortunately Our Economic System Does

David F. Ruccio writes Back to work? A modest proposal

Lars Syll writes Econometric modelling as junk science

Frances Coppola writes When is the right time for UBI and helicopter money?

Fossil fuel funder JP Morgan warns of climate threat


The report’s authors, David Mackie and Jessica Murray, said that deaths, immigration and conflicts would only rise as the planet heated and water supplies dwindled, while famines would increase and species would be wiped out. “We cannot rule out catastrophic outcomes where human life as we know it is threatened,” they said.

They added that carbon emissions “will continue to affect the climate for centuries to come.

The Times

Fossil fuel funder JP Morgan warns of climate threat
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *