Top Wall Street institutions, including Morgan Stanley, are preparing for a future where global warming exceeds Paris Agreement targets, anticipating a 3°C rise, widespread harvest failures, and significant sea-level rise.
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Top Wall Street institutions are prepping for global warming that blows past the Paris Agreement.
"We now expect a 3°C world," Morgan Stanley analysts wrote, a scenario in which harvest failures are widespread and sea-level rise is measured in feet rather than inches.
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