The Paris climate agreement is dead – Wattwat?

Eric Worrall's paper

Obviously, President Trump's fault global carbon dioxide emissions are out of control.

Bank of America predicts climate targets will fail – but air conditioning companies will flourish

Report predicts that global heating will cause disaster and the air conditioning market may grow by 41%

Oliver Milman
THU April 3, 2025 04.39 AEDT

Global heating activity is in the face of catastrophic global heating, according to forecasts from leading Wall Street financial institutions – but this will generate profits for some air conditioning companies.

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“We are now looking forward to a 3C world“Morgan Stanley's March analysis. Global heating levels above the pre-industrial era far exceed the 2C limits agreed by the government and will lead to catastrophic heat waves, floods, economic conflicts and other unrest.

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“We obviously see the climate in the financial sector,” said Paddy McCully, senior analyst at Reclaim Finance.

“This is largely influenced by Trump and his agenda to accelerate climate changethough it is also because banks use Trump as an excuse to revoke a promise they never really wanted to keep. ”

McCooley said Morgan Stanley's investor research on air conditioners is “numb and cynical.” “Especially a few months after they first weakened their decarbonization targets and then exited the net zero banking alliance.”

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Read more: https://www.theguardian.com/environment/2025/apr/02/us-banks-climate-goals-fail-air-condition

Before you rush to put all your money into air conditioning, this report was produced by the same Morgan Stanley, which upgraded its outlook for Chinese real estate to “attractive” months after the Evergrande scandal broke down in 2021.

Harbin, China, lends a helping hand to real estate companies; Morgan Stanley upgrades industry view

Reuters
October 11, 20216: 05 PM GMT+10

Oct. 11 Beijing (Reuters) – Harbin has become one of the first cities in China to announce support for real estate developers and their projects, driven by the debt crisis of property giant China Evergrande Group (3333.HK)

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Provides further positive signals for developers, Morgan Stanley's view on China's real estate industry is “attractive”said regulators may relax control over the industry to help stabilize and support the economy.

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Read more: https://www.reuters.com/world/china/harbin-among-first-first-chinese-cities-cities-announce-steps-help-help-property-developers-2021-10-11/

If anyone has a link to the Morgan Stanley Global Warming Report, please share it in the comments.

A positive and dangerous banker’s view of the warm world of 3C means there is still a functioning economy. At least some people are expected to have enough money to buy air conditioners.

To be fair, Morgan Stanley is not all orange men. Morgan Stanley praised President Trump's banking transparency measures in a recent article.

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