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PGIM Fixed Income

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Three Flawed Assumptions in Climate Risk Models

Three Flawed Assumptions in Climate Risk Models

A few weeks ago, the UK faced a severe shortage of CO2. At a time when dramatic cuts in emissions are needed, that sounds like good news. In fact, it threatened a food shortage, as CO2 is used for a variety of applications, including beverage carbonation, preservation, and slaughterhouses.

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