The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Elroy Jetson who wrote (8219)	11/8/2021 1:02:11 AM
From: elmatador	of 13794

The whole thing is about "Show me the money" Mark Carney showed. He gives an idea of how the assets' value he is talking about: "US$130 trillion is not ready funds, but total assets managed by member financial institutions." And moved to show these assets risk to become stranded. Sam Meredith of wrote a good article clarifying Mark Carnek views: The term “stranded assets” refers to assets tied to fossil fuels that are no longer able to generate an economic return because of changes associated with decarbonizing the economy. The term “stranded assets” refers to assets tied to fossil fuels that are no longer able to generate an economic return because of changes associated with decarbonizing the economy. ... Carney said this was part of the reason why the financial sector had to be involved in setting clear climate targets, “including ones for winding down stranded assets cnbc.com

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