Tuesday, November 29, 2016

Did S&P fall for that Chinese climate change hoax?

Maybe Trump and campaign finance chairman-cum-Secretary of the Treasury and former Goldman banker Steven Mnuchin missed this during the campaign.

S&P: Banks that ignore climate risk face credit downgrade 

Financial institutions should prepare for “multilayered and significant impacts” of global warming, analysts warn
Financial institutions should prepare for climate risk, says ratings agency (Flickr/barnyz)

1 comment:

Anonymous said...

What a great idea! Get the banksters mad at us -- that should reverse climate change because they will make boatloads of money!

Oh wait!!!! A skewed and irrational profit margin is what created all environmental concerns and climate fears in the first place.