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Big Banks Quietly Prepare for Catastrophic Warming
Morgan Stanley, JPMorgan and an international banking group have quietly concluded that climate change will likely exceed the Paris Agreement's 2 degree goal and are examining how to maintain profits
Interesting framing, but essentially the banks are just saying what has been clear for many years now -- the thing that has changed is that the political context now makes it easy and advantageous to say it while this was different before.