Climate change has become a defining force in geopolitics. As governments respond to record heat waves, floods, wildfires and droughts, their policies and economic posturing are reshaping manufacturing, trade and energy security across the capital markets.
Welcome to the endless cycle of debate over whether or not Russian President Vladimir Putin’s war of choice will be the much-needed push to jumpstart climate policy around the world. It splits neatly between so-called activists focused on the “should” or “ought” versus the often self-styled realists espousing “careful,” “balanced” views.
