Rational investor speaks reason to the Mark Carneys of the world

HSBC’s Stuart Kirk tells FT investors need not worry about climate risk

Stuart Kirk dares speak against the imposed pseudo-reality, a prime component of which, is the notion of man-caused, global warming or climate-change. The science doesn’t actually support the hypothesis. But the whole world must factor it in to all descisions in officialdom. Hence imposed pseudo-reality. Therefore any authoritative refutation with actual reality generally has negative consequences to the speaker. In this case, he was suspended from his position.

Here is what the Financial Post says about Mr. Kirk:

Terence Corcoran: Climate war has a new star: Captain Kirk 

HSBC executive Stuart Kirk, now suspended, delivered an evisceration of the doomster climatism that has been driving official investment chatter for years.

Please welcome to our stage Stuart Kirk, who was suspended over the weekend from his post as global head of responsible investing at HSBC Asset Management, a wing of the giant London-based global banking group. His crime? He delivered a brilliant 15-minute presentation to a Financial Times Moral Money conference last Thursday in London. Hold your applause. It is best, before reading this column, to go straight to YouTube and watch Kirk’s minute-by-minute evisceration of the doomster climatism that has been driving official investment chatter for much of the past few years.

The title of his presentation, jammed in among others from the investment, governance and consulting world, was titled “Why Investors need not worry about climate change.” Within a minute, Kirk — a former FT journalist — highlighted his “heresy” with a slide that referred to “unsubstantiated, shrill, partisan, self-serving, apocalyptic warnings that are ALWAYS wrong.” Below that line were a list of climate investment perpetrators: Mark Carney, Henry Paulson, the United Nations, the Bank of England, the World Economic Forum (now meeting in Davos).

Please read the rest at the Financial Times.