How Climate Disasters Could Destabilize Major Banks | Both climate-driven disasters and the clean energy transition pose risks for the world’s largest financial institutions

https://www.scientificamerican.com/article/how-climate-disasters-could-destabilize-major-banks/

by silence7

2 comments
  1. It will start with home insurance (already happening) or lack there of. Then mortgages failing on properties that have 0 resale value. Then it will spiral really fast

  2. Don’t worry. Our corporate overlords will be fine with their bunkers

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