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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: flightdoc 101 ✶⎊  😊 😞
Number: of 12641 
Subject: Re: Climate Change +Inflation Great for Insurance
Date: 05/08/2024 10:37 AM
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The Last dramatic warming of the planet was 56 Million years ago, called the Paleocene-Eocene Thermal Maximum. In 20,000 years, the average temperatures increased 5-8C. The result was that there were tropical rainforests at both poles with ocean temperatures of 20C. We are currently raising temperatures on the planet at a faster rate than during the PETM. Aside from hurricanes and other storms, how are we going to maintain a world economy as cities around the equator become uninhabitable and coastal cities drown? To say nothing of the upset to the world's food production as dry land farming becomes upended.

Adjusting to the changes ahead will be catastrophic at best.
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