Article 608J8 Why bankers close their ears to the ‘climate nut jobs’ talking about the end of the world | Nick Cohen

Why bankers close their ears to the ‘climate nut jobs’ talking about the end of the world | Nick Cohen

by
Nick Cohen
from on (#608J8)
An investor's rant gives an insight into the City's short-termist view of the environment crisis

If the future remembers any corporate villain from 2022, it will be Stuart Kirk. The satirically titled head of responsible investment" at HSBC looks the part: shaven headed, tightly trimmed beard, hard, sharp eyes. Like all the best villains, the banker's arguments are insidiously appealing. He says out loud what his audience thinks, cutting through polite society's pious crap to reveal its selfish desires.

There's always some nut job telling me about the end of the world," he told the Financial Times's Moral Money conference - and I haven't made that title up either. Who cares if Miami is six metres underwater in 100 years? Amsterdam has been six metres underwater for ages and that's a really nice place."

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