“It’s warmer in parts of western Canada than in Dubai,” said David Phillips, senior climatologist for Environment Canada. Lytton, a small Canadian town in British Columbia at 50°13′52″N, became one of the hottest places on the planet last weekend. A town in Canada. Let that sink in.
Here’s a novel idea from Harvard’s investment manager to allow short sellers to deduct carbon emissions associated with the companies that they’re shorting from their portfolios. Do we need an emissions market? Or could the financial markets do the job?
Nerd, entrepreneur, adventurer, father, and enthusiastic amateur photographer, blogger, baker and cook. Aspiring yogi. Lifelong learner. Lives in the beautiful Pacific Northwest of the USA with Joanne, and the demanding feline Mr. Lucky Stripes.
Obligatory lawyer words: I'm just a climate nerd with an opinion. Although I work for Microsoft, please don't confuse my personal statements here with the company's official position.