I’ve come to the realization that the people in power right now (and they are unfortunately too powerful for our democracy) are not climate change deniers. They are climate change PROMOTERS. All this maneuvering to gut climate activism is just an opportunity for money-making. The fact that most living things will die
is not of concern to them (eg, gutting of international aid). I think this is the direction we are going, especially if we continue to be run by billionaires (they’ll be fine in their castles). Unfortunately, many other people who will be negatively impacted by this change seem to think they will get rich too. This government has a lot of support. Scary.
I really like this Marcia. I think we need to start calling all fossil fuel producers, financiers and other "drill baby drill" promoters for what they are: Climate Change Cheerleaders, Promoters, Advocates. I mean, the evidence is overwhelming that if we follow their lead, that Climate change is assured. And this latest report confirms that they are looking to not only make money off of it, but promote measures that will make it Change even more!
What’s ridiculous is they could invest in heat pumps for electrification which are also air conditioners. Shifted fossil money into a solution. Or at least have spun it that way. Good grief, I don’t think they even care what it looks like.
WTF? So… we’re just gonna profit off the meltdown instead of fixing the heat? 🥵📈
Morgan Stanley predicting climate chaos while hyping up air conditioning profits is the most late-stage capitalism headline of the week. Maybe the year.
But here’s the thing: this isn’t just a finance problem—it’s a leadership problem.
This is what happens when energy gets misdirected—toward monetizing collapse instead of building resilience.
💡 Imagine if we redirected even a fraction of that investor brainpower toward climate adaptation, justice-focused innovation, or scaling regenerative systems.
Optimism isn’t pretending this isn’t happening.
It’s asking: what if we built the kind of future that doesn’t require profit from disaster just to survive it?
We need bold leadership. Root-cause strategy. And a whole lot fewer “AC to the rescue” headlines.
Sadly, the U.S. is going to be left behind on the energy front. Other countries will move ahead with the security of renewables. Who wants to rely on a fuel source that has to be delivered daily by another country? Especially an unstable one, like the U.S.? Get solar, wind and other renewables in the works and you are buying something that produces energy for 20 or 30 years, regardless of the whims or instability of other countries.
Morgan Stanley has such an utter lack of imagination when it comes to adapting to baked in changes in weather patterns. Their solution is not only utterly self serving, it will increase further atmospheric heating by requiring more carbon rich fossil fuel emissions into the atmosphere! If they were serious about attempting to buffer communities from rising heat levels, they would be promoting more energy efficient housing and businesses that would require less energy to cool them, by promoting mass plantings of temperature cooling vegetation, by investing in perfecting passive cooling technologies and other measures that do not add carbon emissions to the atmosphere.
More and more, we are seeing the end of the U.S. as we knew it to be. The current government is only after money at any cost to the climate and environment. I read an article from Inside Climate News, and summarized it in my podcast this week, about how Trump wants to open up all of the national parks to the logging companies to clear out all of the old growth trees. This is somehow going to prevent wildfires in his mind. Like his tariff taxes are somehow going to force manufacturing back to the U.S. within the next six months.
These people with all of the money could care less about the environment or the planets ecosystem. As long as it doesn't burn up the planet before they die, they don't care. This showcases just how much the capitalist banking system is marching right along with them in lockstep.
Great use of that meme! A big part of the issue for me is not just what is reported here but the ending of the climate disclosure rules too. Not only are they saying what "great" investment opportunities climate change brings they aren't disclosing the negative effects of climate change on their other investments, or to the banking system in general. It really does feel like the best outcome possible now is a recession, which usually coincides with less fossil fuel use.
And I was wondering about the next National Climate Assessment. Seems like instead of ending all the things the federal government does by statute, no funding is approved and all the people involved are fired. And I don't have hope of it changing considering it seems the Supreme Court will allow it.
One disaster after another. Thank you for covering it
I think it’s actually more stupid than it might appear at first.
For one thing there’s an institutional bias to always look at things as opportunities to make money, so they have to pick something, anything, even if chances are you’re gonna lose money if the economy tanks.
But then why pick air conditioners? Well, there’s a huge trend of private equity rollups and HVAC-rollups specifically is a theme on finance meme pages as the cool thing to do for MBA grads. It’s not because there’s any inherent benefits to rolling up HVAC companies, there might just be a bunch of business owners retiring and a bunch of young people with money who find a way to make a trade with each other.
So picking air conditioners might simply be because it’s top of mind and not because of any deeper analysis, which is also clear if you consider that the money for air conditioning can be made a few different places (making the unit, installing it, servicing it) and not all of those might need investments from the Morgan Stanley investors, so this new, hot, investment tip might be less than useful for whoever it was intended for.
It kind of goes to show how much institutional inertia exists out there and how little Morgan Stanley normally thinks about this, that they put this out. It’s kind of the same vein as when people say “I’ll just move to higher ground” or “good thing I’m living high up” without considering all the lower lying infrastructure they depend on regardless of how high up they live
Well written Emily. Live view of the air conditioning analyst at Morgan speaking to the administration's climate czar (lol, notice what I did there?). https://www.youtube.com/watch?v=s219rg5wdd4
I’ve come to the realization that the people in power right now (and they are unfortunately too powerful for our democracy) are not climate change deniers. They are climate change PROMOTERS. All this maneuvering to gut climate activism is just an opportunity for money-making. The fact that most living things will die
is not of concern to them (eg, gutting of international aid). I think this is the direction we are going, especially if we continue to be run by billionaires (they’ll be fine in their castles). Unfortunately, many other people who will be negatively impacted by this change seem to think they will get rich too. This government has a lot of support. Scary.
I really like this Marcia. I think we need to start calling all fossil fuel producers, financiers and other "drill baby drill" promoters for what they are: Climate Change Cheerleaders, Promoters, Advocates. I mean, the evidence is overwhelming that if we follow their lead, that Climate change is assured. And this latest report confirms that they are looking to not only make money off of it, but promote measures that will make it Change even more!
Great to see you back, in mid-season form
“Morgan Stanley has no moral attachment to this”
…or anything for that matter.
What’s ridiculous is they could invest in heat pumps for electrification which are also air conditioners. Shifted fossil money into a solution. Or at least have spun it that way. Good grief, I don’t think they even care what it looks like.
If you turn the air conditioner around or switch the hot air, cool air outlets it becomes a heater. It works but not automatic.
WTF? So… we’re just gonna profit off the meltdown instead of fixing the heat? 🥵📈
Morgan Stanley predicting climate chaos while hyping up air conditioning profits is the most late-stage capitalism headline of the week. Maybe the year.
But here’s the thing: this isn’t just a finance problem—it’s a leadership problem.
This is what happens when energy gets misdirected—toward monetizing collapse instead of building resilience.
💡 Imagine if we redirected even a fraction of that investor brainpower toward climate adaptation, justice-focused innovation, or scaling regenerative systems.
Optimism isn’t pretending this isn’t happening.
It’s asking: what if we built the kind of future that doesn’t require profit from disaster just to survive it?
We need bold leadership. Root-cause strategy. And a whole lot fewer “AC to the rescue” headlines.
Let’s plug into that. 🔌🌍
Sadly, the U.S. is going to be left behind on the energy front. Other countries will move ahead with the security of renewables. Who wants to rely on a fuel source that has to be delivered daily by another country? Especially an unstable one, like the U.S.? Get solar, wind and other renewables in the works and you are buying something that produces energy for 20 or 30 years, regardless of the whims or instability of other countries.
Morgan Stanley has such an utter lack of imagination when it comes to adapting to baked in changes in weather patterns. Their solution is not only utterly self serving, it will increase further atmospheric heating by requiring more carbon rich fossil fuel emissions into the atmosphere! If they were serious about attempting to buffer communities from rising heat levels, they would be promoting more energy efficient housing and businesses that would require less energy to cool them, by promoting mass plantings of temperature cooling vegetation, by investing in perfecting passive cooling technologies and other measures that do not add carbon emissions to the atmosphere.
More and more, we are seeing the end of the U.S. as we knew it to be. The current government is only after money at any cost to the climate and environment. I read an article from Inside Climate News, and summarized it in my podcast this week, about how Trump wants to open up all of the national parks to the logging companies to clear out all of the old growth trees. This is somehow going to prevent wildfires in his mind. Like his tariff taxes are somehow going to force manufacturing back to the U.S. within the next six months.
These people with all of the money could care less about the environment or the planets ecosystem. As long as it doesn't burn up the planet before they die, they don't care. This showcases just how much the capitalist banking system is marching right along with them in lockstep.
Great use of that meme! A big part of the issue for me is not just what is reported here but the ending of the climate disclosure rules too. Not only are they saying what "great" investment opportunities climate change brings they aren't disclosing the negative effects of climate change on their other investments, or to the banking system in general. It really does feel like the best outcome possible now is a recession, which usually coincides with less fossil fuel use.
And I was wondering about the next National Climate Assessment. Seems like instead of ending all the things the federal government does by statute, no funding is approved and all the people involved are fired. And I don't have hope of it changing considering it seems the Supreme Court will allow it.
One disaster after another. Thank you for covering it
I think it’s actually more stupid than it might appear at first.
For one thing there’s an institutional bias to always look at things as opportunities to make money, so they have to pick something, anything, even if chances are you’re gonna lose money if the economy tanks.
But then why pick air conditioners? Well, there’s a huge trend of private equity rollups and HVAC-rollups specifically is a theme on finance meme pages as the cool thing to do for MBA grads. It’s not because there’s any inherent benefits to rolling up HVAC companies, there might just be a bunch of business owners retiring and a bunch of young people with money who find a way to make a trade with each other.
So picking air conditioners might simply be because it’s top of mind and not because of any deeper analysis, which is also clear if you consider that the money for air conditioning can be made a few different places (making the unit, installing it, servicing it) and not all of those might need investments from the Morgan Stanley investors, so this new, hot, investment tip might be less than useful for whoever it was intended for.
It kind of goes to show how much institutional inertia exists out there and how little Morgan Stanley normally thinks about this, that they put this out. It’s kind of the same vein as when people say “I’ll just move to higher ground” or “good thing I’m living high up” without considering all the lower lying infrastructure they depend on regardless of how high up they live
Well written Emily. Live view of the air conditioning analyst at Morgan speaking to the administration's climate czar (lol, notice what I did there?). https://www.youtube.com/watch?v=s219rg5wdd4
Morgan Stanley exec: "In addition to HVAC growth, we foresee major expansion of the boating industry as the polar ice caps melt."
Next time Felon of the US puts on the tariffs and the stocks dive, buy low - the manufacturers of heat pumps and fridges.
oh Emily can we please keep pix of evil beasts out of the Happy Part of your posts?
Hahaha I’m sorry. Shoulda thought of that