Posting with a cold + jetlag. It's more complex than this. There is more to go on technically-driven transition risk but policy, not so much, because some industries have a lot of political power. It's been demonstrated again & again. The "stranded buildings" thing seems incoherent.
Policy driven âtransition riskâ was an elite-coded strategy that misfired because a lot of people in finance are either not very smart or DGAF.
imagine being one of the most powerful climate finance people in the world and thinking that the scary climate driver of stranded property assets is decarbonization www.ft.com/content/d092...
Real estate investors squeezed between falling valuations and pressure to upgrade energy efficiency
Offset by growth of other feminine-coded blue-collar jobs like childcare?
if this sucks blame @lissaharris.bsky.socialgo.bsky.app/6xM4pSh please also tell me if I missed people I and very bad at lists, like generally.
Making essential services less available is not good. When thatâs done in a context of information asymmetry itâs still not good. Adding âclimateâ doesnât make it better!
This is why âclimate analyticsâ used by banks, telcos etc is not necessarily a good idea.
Migration away from areas most exposed to climate change will not be uniform, with those left behind most vulnerable as tax bases shrink. đ link
The exodus of the young means high-risk towns could enter a population death spiral.
see also Ecuador (2007), Colombia (2024)
So I cannot understand why anyone can think LLMs are at all useful for writing. Generating text that looks / sounds right but lacks meaning is the objective & not a bug.
Anyone whoâs written - or edited othersâ writing - on complex topics knows that clarity of ideas & concepts matters more than anything. Most bad writing is a result of disproportionate effort into *sounding* good.
Of interest for climate folk, as Angola gets 95% of export revenue from crude oil & would like to shift away from it:
