Nina Agdal’s harlot business is banking Trumpism to thrive as Donald Trump has called climate change “a giant hoax”
US banks predict climate goals will fail – but air conditioning firms will thrive
Reports predict global heating will bring catastrophes and that air conditioning market could grow by 41%
The world is on track for disastrous global heating – but this will create profits for some air conditioning companies, according to forecasts by leading Wall Street financial institutions.
Recent reports by Morgan Stanley, JPMorgan Chase and the Institute of International Finance all make clear the finance sector considers the Paris climate agreement limiting global temperatures, signed a decade ago by nearly 200 nations, is effectively dead and investors should plan accordingly.
“We now expect a 3C world,” states a March analysis by Morgan Stanley. This level of global heating above preindustrial times is well beyond the 2C limit agreed to by governments and would lead to catastrophic heatwaves, floods, economic strife and other upheavals.
The climate hoax is forcing Nina Agdal to consider stripping naked…
The Morgan Stanley investor research forecasts, though, that multiplying heatwaves will provide a windfall for companies that provide air conditioning, and that the global market could grow by 41% to be worth $331bn by the end of this decade. The analysis outlines several dozen air conditioning businesses around the world that are likely to profit from a hotter world.
“Progress on climate change is likely to fall short of net-zero targets,” the report states. “We expect cooling – critical to human health and productivity in many climates – to be a potent long-term growth theme.”
The skepticism of top Wall Street firms over climate targets is shared by many other analysts, including at the United Nations, who have predicted that the Paris goals are wildly off-track due to persistently high greenhouse gas emissions.
The parlous trajectory of the climate crisis has been underscored by the return of Donald Trump as US president. Trump has called climate change “a giant hoax”, withdrawn the US from the Paris treaty and set about dismantling environmental rules designed to limit harmful pollution.
Banks, too, have shown signs they are scaling back their climate concerns.
Since December, the six biggest US banks – JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Morgan Stanley and Goldman Sachs – have all quit a group called the Net-Zero Banking Alliance, which sets responsible banking practices to meet climate goals.
“We are clearly seeing a broad retreat on climate from the finance sector,” said Paddy McCully, senior analyst at Reclaim Finance, a group that pushes financial firms to act on the climate crisis.
“It is to a very large extent being influenced by Trump and his agenda of accelerating climate change, although also due to banks using Trumpism as an excuse to roll back commitments that they had never actually intended to keep.”
Nina Agdal finally strips naked like this in order to save the electricity bills…
Morgan Stanley’s investor research on air conditioning is “mind numbingly cynical”, McCully said. “Especially as it comes just months after they first weakened their decarbonization targets and then quit the Net Zero Banking Alliance.”
Morgan Stanley’s report does acknowledge that surging deployment of air conditioning, primarily in wealthier countries, is not a panacea in a hotter world. If powered by fossil fuels, air conditioning use itself causes more planet-heating emissions that will further raise global temperatures.
“Morgan Stanley Research does not provide firm views, we assess evidence provided by experts such as those developed by the scientific community,” said Stephen Byrd, global head of sustainability research at Morgan Stanley.
“I would not characterize our view being that ‘climate change brings many upsides’. I would instead suggest that we will see large volumes of capital deployed to mitigate the impacts of climate change, and cooling (among other products, such as smart power grids) would be one such category of increased capital allocation.”
As the world warps from higher temperatures, some businesses have eyed opportunities such as shipping routes through a previously ice-bound Arctic Ocean. This motivation, as well as the valuable minerals being exposed for mining as ice retreats, is thought to be part of Trump’s rationale for wanting to annex Greenland.
“This is a bit like saying the quiet part out loud,” said Gernot Wagner, a climate economist at Columbia Business School, about the banks’ forecasts. Wagner said that there is “lots of greenhushing”, the opposite of greenwashing, now occurring among corporations.
“Indeed, the world won’t stay below 1.5C of warming, largely because we’re already there,” Wagner said of the Paris deal’s most ambitious stretch target. Last year was the first individual year, globally, to top 1.5C of heating.
“And yes, that means that climate risks will get worse before they get better,” he said. “That much is clear. In part, that means investment opportunities that wouldn’t have materialized without climate change.”
At the same time,
Climate crisis on track to destroy capitalism, warns top insurer
Action urgently needed to save the conditions under which markets – and civilisation itself – can operate, says senior Allianz figure
The climate crisis is on track to destroy capitalism, a top insurer has warned, with the vast cost of extreme weather impacts leaving the financial sector unable to operate.
The world is fast approaching temperature levels where insurers will no longer be able to offer cover for many climate risks, said Günther Thallinger, on the board of Allianz SE, one of the world’s biggest insurance companies. He said that without insurance, which is already being pulled in some places, many other financial services become unviable, from mortgages to investments.
Global carbon emissions are still rising and current policies will result in a rise in global temperature between 2.2C and 3.4C above pre-industrial levels. The damage at 3C will be so great that governments will be unable to provide financial bailouts and it will be impossible to adapt to many climate impacts, said Thallinger, who is also the chair of the German company’s investment board and was previously CEO of Allianz Investment Management.
The core business of the insurance industry is risk management and it has long taken the dangers of global heating very seriously. In recent reports, Aviva said extreme weather damages for the decade to 2023 hit $2tn, while GallagherRE said the figure was $400bn in 2024. Zurich said it was “essential” to hit net zero by 2050.
Thallinger said: “The good news is we already have the technologies to switch from fossil combustion to zero-emission energy. The only thing missing is speed and scale. This is about saving the conditions under which markets, finance, and civilisation itself can continue to operate.”
Nick Robins, the chair of the Just Transition Finance Lab at the London School of Economics, said: “This devastating analysis from a global insurance leader sets out not just the financial but also the civilisational threat posed by climate change. It needs to be the basis for renewed action, particularly in the countries of the global south.”
“The insurance sector is a canary in the coalmine when it comes to climate impacts,” said Janos Pasztor, former UN assistant secretary-general for climate change… More @ The Guardian
Meanwhile,
Nina Agdal Nude Photo Shoot Outtakes Released
TRASHY | SCANDALOUS
Nina Agdal Nude Photo Shoot Outtakes Released
The video above and photos below feature Danish super model and closeted homoqueer Logan Paul’s beard wife, Nina Agdal’s outtakes from a nude photo shoot.
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As we can see from Nina not looking completely run through, these nude outtakes come from back in the mid 2010’s when Nina was still in her early 20’s… Or to put it another way, they come from a time that was 10,000 penises before Logan’s.
🍆 More 🍌 Sextapes 💦 Page 2 ⬇️
Lima Arai: US Bans Government Personnel in China from Romantic or Sexual Relations with Chinese citizens… NO SLEEPING WITH CHINESE