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#morganstanley

2 posts2 participants0 posts today
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O=C=O

Big Banks Quietly Prepare for Catastrophic Climate Change

#MorganStanley, #JPMorgan and an international banking group have quietly concluded that #ClimateChange will likely exceed the #ParisAgreement's 2 degree goal and are examining how to maintain profits.

The big banks' acknowledgment that the world is likely to fail at preventing warming of more than 2 degrees Celsius above preindustrial levels is spelled out in obscure reports for clients, investors and trade association members. Most were published after the reelection of President Donald Trump, who is seeking to repeal federal policies that support clean energy while turbocharging the production of oil, gas and coal — the main sources of #GlobalWarming.

"We now expect a 3°C world," Morgan Stanley analysts wrote earlier this month, citing "recent setbacks to global decarbonization efforts."

Morgan Stanley’s #climate forecast was tucked into a mundane research report on the future of air conditioning stocks, which it provided to clients on March 17. A 3 degree warming scenario, the analysts determined, could more than double the growth rate of the $235 billion cooling market every year, from 3 percent to 7 percent until 2030.

scientificamerican.com/article

#ClimateCatastrophe
#Capitalism

6 bundles of US $100 bills standing vertically on edge of white shelf.
Scientific American · Big Banks Quietly Prepare for Catastrophic Climate ChangeBy Corbin Hiar
Continued thread
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Zhi Zhu 🕸️

Elon Musk Reveals Next Targets in “Corporate Takeover” of the U.S.

Here’s what’s next on DOGE’s chopping block.
newrepublic.com/post/192360/el

"Elon #Musk told some of his biggest investors... that he’s looking to fully take over the federal #government.

In a meeting with #MorganStanley, the #tech [South African immigrant] reportedly likened his influence over the federal government to a “corporate takeover.”"

Headline and text from article: Headline: Elon Musk Reveals Next Targets in “Corporate Takeover” of the U.S. Here’s what’s next on DOGE’s chopping block. by Ellie Quinlan Houghtaling March 5, 2025 / 12:33 p.m. ET Text: Elon Musk told some of his biggest investors Wednesday that he’s looking to fully take over the federal government. In a meeting with Morgan Stanley, the tech billionaire reportedly likened his influence over the federal government to a “corporate takeover.”
#ElonMusk#Doge#Coup
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Wokebloke for Democracy

Morgan Stanley colluding with the Xitter man.
"...the firefighters' complaint alleged that Morgan Stanley 'pocketed over $1,460,000 in commissions just for executing' the 'secret Twitter stock acquisition scheme.' And Morgan Stanley's work seemingly pleased Musk so much that he went back for financial advising on the Twitter deal, the complaint alleged, paying Morgan Stanley an 'estimated $42 million in fees.' "
arstechnica.com/tech-policy/20
#Xitter #MorganStanley #Musk #Banks #Capitalism

Ars Technica · Musk can’t avoid testifying in SEC probe of Twitter buyout by playing victimClass action alleges secret Twitter stock scheme ahead of Musk's SEC testimony.
Public
Norobiik @Norobiik@noc.social

It's called the Law of Diminishing Returns & Tesla isn't immune.
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The Chinese auto market accounts for 30 to 40% of Tesla's profitability, #MorganStanley estimates. Its biggest competition there, #BYD (whose stock has declined since the price war began), has also introduced discounts. But waning reactions to those also "mark another climax of the price battle."

#Tesla's #PriceWar is starting to backfire | #EVMarket #ElonMusk
msn.com/en-us/money/companies/

MSNTesla's price war is starting to backfireMorgan Stanley reports that Tesla's initial sales bump in China, an important market, was short-lived as potential customers awaited further discounts.
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