Climate Scorpion – the sting is in the tail
"[The Institute and Faculty of Actuaries' third report] calls for a realistic #risk assessment of #ClimateChange as a matter of urgency, taking into account the full range of outcomes, including tipping points, realistic worst-case scenarios, and the risk of ruin.

It introduces the concept of Planetary Solvency to support long-term policy decisions."

https://actuaries.org.uk/news-and-media-releases/news-articles/2024/mar/14-mar-24-climate-scorpion-the-sting-is-in-the-tail/

All I can tell you is that this is like a super-vulcano ready to blow up ANY time.

What I can't tell you though is, how far the #risk has already spread through the #GlobalEconomy.

Have, for instance, European #Banks again been bying up mixed risk #securities from the #US like hell, or has their past experience made them more careful ?

I don't know.

Maby the @EUCommission , @ecb can tell us all more about this ?!

🧐 🇺🇸〽️ 🏚🔥

Seriously - free #strategic advice for every government: Do not build infrastructure on systems over which you have no control.

"but we have a contract"

Cool cool are you able to change business decisions within the contracted party? Probably no. You have a risk you simply cannot control or mitigate.

This is why #FOSS should be at the heart of all national digital infrastructures.

#FOSS4G #infrastructure #risk #auspol

Lets be absolutely clear about the "#PeaceProposal" that #Trump is forging for the #War in #Ukraine:

- #Russia can keep all what is has grabbed so far

- #Ukraine has to give the #USA most of its #wealth

- #Europe has to pay the full #bill and take all the #risk

https://www.theguardian.com/world/2025/feb/15/europe-will-not-take-part-in-us-russia-talks-ukraine-kellogg

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Long (very long in political terms) effects of climate change

OK, this is a lightweight review article, but worth a read. Don't expect politicians of any of the major cours in the UK at least to pay attention. After all they are only interested in the next election. And we indulge them.

ttps://www.theguardian.com/commentisfree/2024/dec/06/natural-climate-disasters-science-research-governments

#ClimateChange #Risk #Politics