The regulation of "derivatives" (falsely) imparts credibility to the underlying item: not "credit," not "asset," they don't qualify for such names, so I'm just saying "item."
Yes, that's it exactly, "hoping to cash in on the climate crisis." How could one EVER meaningfully (and honestly) "cash in" on the climate crisis? It is simply a vast diversion, to move huge piles of money around, meanwhile the real work that needs to be done languishes.
The regulation of "derivatives" (falsely) imparts credibility to the underlying item: not "credit," not "asset," they don't qualify for such names, so I'm just saying "item."
Yes, that's it exactly, "hoping to cash in on the climate crisis." How could one EVER meaningfully (and honestly) "cash in" on the climate crisis? It is simply a vast diversion, to move huge piles of money around, meanwhile the real work that needs to be done languishes.
Great to repost the Lohmann article, thank you!