Global Boiling (Phenomenal World)

Take always:

1) Global Warming should be more aptly renamed Global Climate Disruption

2) This year’s heat is a 4 standard deviation event; “a giant non-linear outcome generator with wicked convexities”

3) “A ‘shock of the old’ is that we still live in the machine age of Victorians.”

4) “We need enough mitigation to avoid the unmanageable and enough adaptation to manage the unavoidable.”

Author: Christopher K. Merker, Ph.D., CFA

Christopher K. Merker, PhD, CFA, is a director with Private Asset Management at Robert W. Baird & Co. He holds a PhD in investment governance and fiduciary effectiveness from Marquette University, where he has taught the course “Sustainable Finance” since 2009. Executive director of Fund Governance Analytics (FGA), an ESG research partnership with Marquette University, he is a member of the CFA Institute ESG Working Group, an international committee currently exploring ESG standards, publishes the blog, Sustainable Finance, which covers current topics around governance and sustainability in investing, and is co-author of the book, The Trustee Governance Guide: The Five Imperatives of 21st Century Investing.