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maximum temperature

2 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jun 15, 2020 by Bob Litterman · across every show →

Everything said about maximum temperature, oldest first

Jun 15, 2020 negative
Insight
Delaying global carbon pricing by three years adds 0.1°C to peak warming.
“For every three years that we delay pricing emissions, the maximum temperature, the best case, or let's say the optimal solution is another 10th of a degree onto that expected maximum temperature.”
Bob Litterman Jun 15, 2020 ▶ 20:29 Sustainable Investing 3: Bob Litterman – Pricing Climate Risk (Capital Allocators, EP.141)
Jun 15, 2020 neutral
What-if
Pricing carbon in 2000 would have cheaply capped warming near 1°C.
“Had we addressed this 20 years ago, wouldn't have been that costly. We could have had a very smooth transition, and the maximum temperature would be somewhere around where we are today. Which is to say, not great, but not catastrophic.”
Bob Litterman Jun 15, 2020 ▶ 22:10 Sustainable Investing 3: Bob Litterman – Pricing Climate Risk (Capital Allocators, EP.141)
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