France Warning: Carbon Dioxide and Company Profits

france warning: Followers of central bank thinking have seen the governors of the Bank of England and Banque de France warning that climate-related risks threaten company profits and financial stability, according to Market Watch. Both interventions highlight the severity of the climate challenge that the world faces. LONDON Project Syndicate Easter visitors to London found some streets and buildings occupied by Extinction Rebellion activists, warning of climate catastrophe and rejecting a failed capitalist system. But warnings alone won't fix the problem unless governments set ambitious but realistic targets to eliminate carbon dioxide and other greenhouse-gas emissions, backed by policies to ensure the targets are achieved. Once investors know that the non-negotiable end point is zero carbon in 2050, they will desert any company whose plans are incompatible with that objective. Only clear targets can transform rational self-interest from a potentially catastrophic force into a powerful driver of beneficial change. (news.financializer.com). As reported in the news.