@moorehn Heidi, I read your explainer thread on the inverted yield curve – so helpful! Thank you. I'm wondering if you've written about the convergence of finance, the economy, and the climate crisis? It's something I'm trying to wrap my head around.
4) the inevitability of the carbon bubble pop. Fossil fuel companies' valuation is based on reserves of oil being used. But... if that were to happen, the results would be truly catastrophic. More and more people are realizing this, which shakes investor confidence. 6/
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4 continued) Since so much of our economy is based on fossil fuels, and a smooth transition to renewable energy seems unlikely, this seems like a big, ah, stresser. 7/
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And it's why I'm trying to closely follow shifts the fossil fuel to solar/wind transition. I'm an absolute novice in this subject, so trying to read and learn as much as I can - fast! Got excited about this
8/https://twitter.com/emahlee/status/1162180541577220096 …Show this thread -
I'm also trying to follow what's happening in finance. Seems very big. Thread on how central bankers, fund managers, global investors are all sounding the alarm.
9/https://twitter.com/emahlee/status/1131794951811919874 …Show this thread -
Anywho, this thread is getting entirely too long. It's been hard to find those who are both finance experts AND understand the enormity of climate and its impacts. Most finance peeps still operate in the old paradigm that doesn't consider/ "get" climate. Merci! /end
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