Subject: Re: Climate Change +Inflation Great for Insurance
<<Like Buffett and Jain and especially the late Charlie Munger I’m an agnostic who acknowledges some impact of modern industrial era behavior on present climate.>>

Warren and Ajit are not "agnostic" like you...

Buffett: "Climate change, it’s a terrible problem just in the fact that the United States particularly has been the one that’s caused the problem the most.
And then we’re asking poorer societies to say, well, you’ve got to change the way you live, because we live the way we did. But that really hasn’t been settled yet.
It’s a fascinating problem to me, but I don’t have anything to add to how you really slice through the world."

Buffett: "Climate change increases risks and in the end it makes our business bigger over time. But not if we mis-price them, we’ll go broke."

Jain: "I think the insurance industry, in spite of climate change, in spite of increased risk of fires and flooding, it’s going to be an okay place to be in."