Betting on Climate Scientists
2019-04-17 00:54:24.57156+02 by Dan Lyke 0 comments
Kevin Drum (in Mother Jones): Money Talks, and It Says Climate Change Is Real.
When Republican senators make fools of themselves pretending that climate change is fake, they know there are no consequences for being wrong.¹ Traders don’t have that luxury. What they care about is accurately hedging risk, and the only way to do that is to listen to climate scientists and make their bets based on the real world. So regardless of whether they’re personally liberal or conservative, that’s what they do.