Join for free
Donkeyman
Chatterbox
Donkeyman is offline
Melton,United Kingdom
Joined: Jan 2019
Posts: 9,088
Donkeyman is male  Donkeyman has posted at least 25 times and has been a member for 3 months or more 
 
30-12-2019, 09:18 PM
1

Carneys comeback?

Could Mark Carney be thinking of new career in enviromental
affairs? I see he is still issuing warnings though advising investors
to take their money out of fossil fuels and put it in renewables?
I wonder what his angle is?
Donkeyman!
swimfeeders
Chatterbox
swimfeeders is offline
Shropshire
Joined: Oct 2014
Posts: 24,056
swimfeeders is male  swimfeeders has posted at least 25 times and has been a member for 3 months or more 
 
30-12-2019, 09:22 PM
2

Re: Carneys comeback?

Originally Posted by Donkeyman ->
Could Mark Carney be thinking of new career in enviromental
affairs? I see he is still issuing warnings though advising investors
to take their money out of fossil fuels and put it in renewables?
I wonder what his angle is?
Donkeyman!
Hi

As demand for fossil fuels declines, the value of the shares in those companies also declines.

He is simply pointing out the long term consequences.
Meg's Avatar
Meg
Supervisor
Meg is offline
Worcestershire
Joined: Aug 2009
Posts: 42,850
Meg is female  Meg has posted at least 25 times and has been a member for 3 months or more 
 
30-12-2019, 09:40 PM
3

Re: Carneys comeback?

Carney is heading for the UN as a ' special envoy for climate action and finance'.
He is jumping from one feather bed to another..
AnnieS's Avatar
AnnieS
Chatterbox
AnnieS is offline
United Kingdom
Joined: Jan 2017
Posts: 18,420
AnnieS is female  AnnieS has posted at least 25 times and has been a member for 3 months or more 
 
30-12-2019, 11:20 PM
4

Re: Carneys comeback?

He is pointing out the obvious. If the climate crisis continues and gets worse as it seems it will, then our entire financial model will fall over. It's all built on shifting sands anyway.
spitfire
Chatterbox
spitfire is offline
Warwickshire
Joined: Jul 2012
Posts: 29,878
spitfire is male  spitfire has posted at least 25 times and has been a member for 3 months or more 
 
30-12-2019, 11:27 PM
5

Re: Carneys comeback?

Originally Posted by swimfeeders ->
Hi

As demand for fossil fuels declines, the value of the shares in those companies also declines.

He is simply pointing out the long term consequences.
As the availability for fossil fuels, possibly.
The Artful Todger's Avatar
The Artful Todger
Chatterbox
The Artful Todger is offline
Suffolk UK
Joined: Mar 2019
Posts: 12,816
The Artful Todger is male  The Artful Todger has posted at least 25 times and has been a member for 3 months or more 
 
31-12-2019, 10:26 AM
6

Re: Carneys comeback?

He's right.
Donkeyman
Chatterbox
Donkeyman is offline
Melton,United Kingdom
Joined: Jan 2019
Posts: 9,088
Donkeyman is male  Donkeyman has posted at least 25 times and has been a member for 3 months or more 
 
31-12-2019, 12:21 PM
7

Re: Carneys comeback?

Originally Posted by AnnieS ->
He is pointing out the obvious. If the climate crisis continues and gets worse as it seems it will, then our entire financial model will fall over. It's all built on shifting sands anyway.
Does this mean billionares will become extinct Annie?
Or will they start selling fresh air?
Donkeyman!
swimfeeders
Chatterbox
swimfeeders is offline
Shropshire
Joined: Oct 2014
Posts: 24,056
swimfeeders is male  swimfeeders has posted at least 25 times and has been a member for 3 months or more 
 
31-12-2019, 12:29 PM
8

Re: Carneys comeback?

Originally Posted by Donkeyman ->
Does this mean billionares will become extinct Annie?
Or will they start selling fresh air?
Donkeyman!
Hi

The Saudi Royal Family, no idiots, have just sold, via the biggest IPO ever, their Oil Company.

The have netted in excess of a Trillion.

They have seen the changes coming.
 

« Previous Thread | Next Thread » (Or back to Top)


© Copyright 2009, Over50sForum   Contact Us | Over 50s Forum! | Archive | Privacy Statement | Terms of Use | Top

Powered by vBulletin Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.