The Correlations Between Commodities and Climate Change

Correlations are low. Historically, the global cobon prices being below point four. Correlations to equities below point four, two. Commodities o very low correlations anywhere else, and they don't even correlate to one another. That' kind of speaks to the fact that some markets have been more volatile than others, but they've balanced each other. L what it correlates to at any given time, i totally agree with you, will change. So i think there'll always be some correlation to something, but it will change. At some point,. if you have a warmer winter, there was less coal being burnt for heating, and therefore lower omissions, and therefore we might