XSO 1.16% 3,224.8 s&p/asx small ordinaries

The Brains Trust-2022, page-2054

  1. 4,359 Posts.
    lightbulb Created with Sketch. 963
    Climate change is my new fav (said in a strangely perverse way) subject. I have shared I think that last 2 Projects I’ve worked on:

    1. had $millions of road washed away after 2 x 100 year floods in about 3 months …. Mmm The old I in 100 year stat; surely for the bin?

    2. NZ’s biggest infrastructure project ever to cope with a de-carbonised world.

    Makes me wonder about upcoming world whereflood/drought/other climate anomalies will lead to:

    • food/water (ironically) shortages,
    • mass starvation,
    • mass migration and
    • probs all leading to war

    Enough of a rant; this might be the most important chart I have ever posted; shocked me.

    https://hotcopper.com.au/data/attachments/4774/4774752-a58502eb8408494aeebf4c53d050017b.jpg



    For info the dips coincide with ice ages and previous peaks when polar regions have melted. Look at little dot on right of where we are! I had no idea we were already at such a point!!!!

    I didnt even have a clear knowledge of our current targets detailed here:

    Climate change Bill

    Summary: "The Australian Government has introduced the Climate Change Bill 2022. The Bill legislates the nation's commitment to reduce greenhouse gas emissions by 43% below 2005 levels by 2030, and net zero by 2050."

    Change she is a coming folks; who has confidence that leadership around the world will manage this successfully? SCARY STUFF IMO
 
watchlist Created with Sketch. Add XSO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.