Climate financial risk is real and, like in 2008, the deniers are wrong

climate financial risk is real and like in 2008 the deniers are wrong

Sumary of Climate financial risk is real and, like in 2008, the deniers are wrong:

  • Cochrane, a Hoover Institution senior fellow, argues that “climate financial risk” is a fallacy.
  • His premise is that climate change doesn’t pose a threat to the global financial system because it, and the fossil fuel phase-out needed, are developments everyone knows are under way.

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