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IPFS News Link • Environment

Blood And Gore: Making A Killing On Anti-Carbon Investment Hype

• Forbes

They argue that such "unwise and increasingly wreck less" investment strategies  pose three broad risks which will cause carbon assets to become "stranded" and lose economic value: through direct government carbon regulation; as a result of market-share losses to "already competitive" renewable technologies; and due to "sociopolitical pressures" causing carbon-intensive businesses to lose their "license to operate".

Marketing Climate Alarm:

Of course this carbon regulation is posited upon saving the Earth based upon a "consensus within the scientific community that increasing the global temperature by more than 2oC will likely cause devastating and irreversible damage to the planet." And where it comes to promulgating and capitalizing upon carbon-climate-crazed sociopolitical pressure, you would be hard-pressed to find two better authorities.


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