Predicting climate chaos, Morgan Stanley touts air conditioning profit potential

This is disaster capitalism at its worst.

Last week, E&E News reporter Corbin Hiar unearthed an obscure but important research report from Morgan Stanley, one of the largest banks in America and one of the world’s biggest funders of fossil fuel projects.

In that report distributed March 17, Morgan Stanley analysts told investor clients that they believe the world is hurtling toward one of the mo…