Climate Crisis Could Cause Global Financial Crash as Economic Models Fail to Capture Risk / “Until the gap between scientists and economists’ expectations of future climate damages is closed, financial institutions will continue to chronically under-price climate risks.”
– Mark Campanale
https://www.independent.co.uk/climate-change/news/global-financial-crash-climate-crisis-damage-b2914291.html
Posted by Keith_McNeill65
1 Comment
The economy is a sub system we seem to behave like it’s the primary one. Ecosystem services are immense compared to GDP. Can’t really be substituted either.