Comments by "Kenz300 x" (@KJSvitko) on "Algebris CEO on Banks' Exposure in Russia" video.

  1. The cost of dealing with the impact of Climate Change will be much greater than the cost of dealing with the cause. Russian fossil fuels assets are dead money. Investing in Russia assets means funding Putin and his war machine.
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  2. Climate Change is making weather events more extreme. Floods, droughts, fires, excessive heat and low water levels in reservoirs and in ground water storage are becoming more common. We must stop adding more fossil fuels to the climate fire. India, China, Japan, US, Europe, Indonesia, Canada, Germany and Australia need to do more to reduce use of fossil fuels. They must stop building and financing more coal fossil fuels power plants. Time to go all in on wind and solar energy and electric vehicles. Fossil fuels are a bad investment for people and the planet. Investors are divesting from fossil fuels. ESG investing is growing. The cost of dealing with the impact of climate change will be greater than the cost of reducing the impact.
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