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Chapter 738 [New Standard System of Carbon Standard System]

The meeting is in progress.

Mark Carney continued to play the leading role in the video conference. He suddenly sighed and said: "The incorrect investment direction at the moment makes us very uneasy. If the world continues to be addicted to it, if humans continue to be obsessed with fossil energy, if we continue to follow this path,

road, we will and are heading towards the edge of the cliff."

“We humans, human nature, have been pushed to the edge of the cliff.” Mark Carney was immersed in it and said with emotion: “So we bankers and financiers must stand up and appeal, and we must immediately correct the world.

It is moving in the wrong direction. We must stop financing coal and cut off investments in traditional, backward, and incorrect energy resources on a global scale. This is a black hand and we must cut it off."

Lu Ming, who had never spoken before, said concisely after the other party finished speaking: "So, what should we do?"

Everyone couldn't help but look at the video image where Lu Ming was.

At this time, Mike Bloomberg looked at Lu Ming's video screen and smiled: "Mr. Lu, the company you run has a favorable layout in new energy and the foresight you have shown is amazing."

Then, Mike Bloomberg looked around at the participants on the major video screens and said: "There is no doubt that all resources must be transferred to new energy and new energy supporting infrastructure, but where is the problem? The biggest problem is

Today, there are no basic standards for carbon emissions and carbon neutrality in the world."

Mike Bloomberg immediately said emphatically: "There are no standards, no principles, no definitions, and no implementation strategies. This entire indicator system does not exist at all."

Have we finally come to the point?

This is to formulate a new financial order and standard system, and Lu Ming continued to remain silent.

Mark Carney immediately said: "So we believe that the top priority is to establish a global expert committee to clearly and unambiguously establish an evaluation system for all indicators of carbon emissions and carbon neutrality. Only by establishing this system, can the whole country

Only the world's bankers and financiers dare to mobilize their financial resources to invest in new and clean energy, and this indicator must be set very strictly."

The two people spoke to each other, giving people the impression that the urgency behind this was very clear. US$150 trillion in funds is not the biggest problem...

The biggest problem is that we have not established a strict standard system and evaluation system, so we cannot use funds to effectively implement this matter. We talk about environmentalism in words, but all kinds of businesses in our hearts.

After a while, Mark Carney said again: "Once this system is established, our most important task from now on is to strictly and ruthlessly supervise all signatories to ensure that the signatories fulfill their commitments."

Lu Ming smiled in his heart. Three years later, the conflict between Da Mao and Er Mao caused the price of natural gas and other traditional energy sources to skyrocket. Europeans couldn't bear it and finally expanded the use of traditional energy sources, regardless of carbon emissions.

You were so harsh and merciless that I really believed your lies.

Being harsh to others and being ruthless is more or less the same, but being tolerant and merciful to yourself is inevitable. Lu Ming is more willing to believe that this is the case.

Because that’s what ghost guys do!

Mark Carney continued in an orderly manner: "This standard system is a 'carbon standard' system similar to the carbon neutral 'gold standard'. After it is established, all carbon neutral emission indicators and everything will be like.'

"The Gold Standard' has been rigorously verified. Only such a standard system and a carbon-neutral standard system can provide investors with a secure source of information, otherwise no one would dare to invest."

No wonder these international financiers and bankers are so enthusiastic about climate change.

At this time, Mike Bloomberg looked at Lu Ming and asked: "Mr. Lu, what do you want to say about this?"

Gu Yi

Lu Ming is the founder and head of Tiansheng Capital, which is not only the largest asset management company in Greater China, but also the largest in Asia and ranked within 20 in the world.

It has an immeasurable influence in the capital market of Greater China. If Greater China doesn’t buy it, to be honest, it will be really difficult or even impossible to handle!

Therefore, Lu Ming's attitude is very important and carries a lot of weight.

After a moment, Lu Ming spread his hands and said with a smile: "My opinion? Of course I support it, why not?"

Be concise and to the point, with a clear attitude.

Of course Tiansheng Capital supports carbon neutrality, which is in line with its own interests. Moreover, this video conference means that the world's giants will gather together first and then talk, without signing a specific agreement immediately.

If you express your opinion, it may not be implemented.

If we want to reach an effective agreement on specific issues, then there is no point in talking about it. As for the astronomical figure of 150 trillion U.S. dollars, how big is it? Everyone present is a fox, and they have no idea.



At around 10:30, the meeting was still going on but it was coming to an end. Lu Ming left the meeting and went offline early because there was no need to participate in the meeting anymore and he already knew what the situation was going to be.

Han Qiulin, who had not spoken during the whole process, said immediately after Lu Ming disconnected the video connection: "I compiled some relevant information during the day, especially some recent Western news. I found that the current international bankers and financiers are all across the border.

The world is huge, and we are particularly concerned about the issue of climate change.”

“Judging from some of the news I compiled today, the U.S. Treasury Department has begun studying the impact of climate change on families and communities; the U.S. Treasury Department has launched an assessment of the financial risks of climate change; the governors of the Federal Reserve are concerned about the economic impact of climate change; the Federal Reserve Board

Examining the impact of climate change on banks; the Federal Reserve monitoring the right approach to explore climate change; the Federal Reserve considering the risks climate change poses to the global financial system, and more..."

Speaking of this, Han Qiulin looked at Lu Ming and added curiously: "These news really make people feel strange. Why are today's financiers and bankers suddenly so concerned about climate change? What could be the deeper reason?

"

Lu Ming smiled and said: "If you can say that, it also shows that you don't believe that these people really care about global climate issues. Climate change brings the risk of rising seawater impacting hundreds of millions of people. If they really want to solve it, they can even take it.

If an amount as large as 150 trillion US dollars is provided, it should be directly distributed to those affected by rising sea levels. Wouldn't it be enough to send hundreds of thousands of dollars to move people? It's as simple as that."

Han Qiulin added: "So I always think it's abnormal that these people are so concerned about climate issues."

Lu Ming stretched and said: "It's simple. What I'm thinking in my mind, they most likely think the same thing. We are also financiers, haha. Of course, financiers care most about making money. Don't worry about them in this meeting tonight.

No matter how lofty it sounds, in the final analysis it’s still a matter of making money.”

Han Qiulin thoughtfully said: "In the meeting just now, this group of financiers estimated that to achieve carbon neutrality from next year to the middle of this century, at least 150 trillion US dollars will be needed to invest, which means that 5 trillion US dollars will be invested every year."

What is the concept of 5 trillion U.S. dollars per year? The world's total military expenditure last year was 1.96 trillion U.S. dollars. Even if it is an integer of 2 trillion U.S. dollars, 5 trillion U.S. dollars are invested in environmental protection every year, which is equivalent to 2.5 times the global military expenditure, or equivalent to

It is more than 6 times that of the old military expenditure.

There is no doubt that no country in the world can financially support such a huge expenditure, so at today’s meeting, Mark Carney emphasized the need to rely on private investment, which is a very important and core investment force.




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