future of air conditioning stocks, which it provided to clients on March 17. A 3 degree warming scenario, the analysts determined, could more than double the growth rate of the $235 billion cooling market every year, from 3 percent to 7 percent until 2030.

This is not banks preparing for catastrophic warming. It is the stock brokerage division of banks giving their boiler room reps a "hot tip" lead.

Banks should be worried about their fractional reserve lending (about to be deregulated to a lower fraction requirement) in housing, and the affordability issues created by tariffs, high interest rates from government debt unsustainability, and importantly insurance.

Poor insurability of housing and farmland is incompatible with high property values. Tropical Atlantic temperatures are already extreme, and forest fires/flooding all going to intensify.