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‘Flawed’ climate analysis is putting pension funds at risk, says Carbon Tracker

Drought leaves a reservoir at 10% of capacity. The Carbon Tracker report warns that models used by some economists substantially underestimate the dangers and damages of global warming (Photo: Mauricio Zina/Bloomberg)

By using different assumptions to scientists on the effects of global warming, climate economists are underestimating the risks these could have on the financial system, says the think-tank.

Pensions are at risk from the huge disconnect between what scientists expect from global warming, and what investors and financial ...

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