Firms ignoring climate crisis will go bankrupt, says Mark Carney

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Bank of England governor warns of financial collapse linked to climate emergency

Companies and industries that are not moving towards zero-carbon emissions will be punished by investors and go bankrupt, the governor of the Bank of England has warned.

 

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Well that is encouraging - he has never been right on anything!

“Carney also said great fortunes could be made by those working to end greenhouse gas emissions with a big potential upside for the UK economy in particular.” Follow the 💰

Another ludicrous and likely hopelessly inaccurate prediction from the Bilderberg patsy masquerading as a Central Bankster.

Analysis reveals lenders provided $700bn to expand sector since Paris climate pact. ActNow StandedAssets ClimateCrisis EconomicCrisis

But what happens when they go bankrupt? Many of those who profited on the up and/or downside, just move the money and carry on. 🤔

👌

Isn't Mark's wife some kind of Green zealot? Wouldnt want her reading anything in the Guardian that she didn't approve of.

Overpaid Pillock with an upsidedown crystal ball.

Isn't Mark's wife a Green zealot? Wouldnt want her reading anything in the Guardian that she didn't approve of.

Said the doom monger on Brexit. When is UK get rid of this BoE doom monger?

You vill pay zee carbon taxes!

Unless of course they're vintage car dealers then they will make a fortune. Those cars never depreciate.

Good news for oil and gas then. And the tobacco, car industry, air industry, space exploration, plastics, phone industry, trains, buses, taxis, computer industry, pharmaceuticals, medicine, clothing, meat, poultry. How many more can you all add? Lets see.........

While putting the information out on oil based environmental destroying devices... and environmentalist using their oil based environmental destroying devices to comment on this...

It seems nutcases have occupied BoE as well.

Ion I hope!

dpcarrington It won't be red wine production in The South of England it'll be raisins

It's the very least they deserve.

No business without this planet 🇸🇪

Governments will too

So putting in environmental policies will mean companies will never go bankrupt in the future, sounds like a good plan 😂

No one will cry for them. Make sure no taxpayer bailouts !

As long as they keep buying our politicians nothing will change, our world will die. Carney can bleat all he likes it won’t change that fact.

Correct.

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