The Earth has experienced five mass extinction events in the last 500 million years, all caused by rapid planet cooling. Despite concerns about climate change, statistics show that the polar bear population has increased, total sea rise has been limited, and there are fewer violent storms. While human impact and carbon dioxide matter, they are relatively small compared to other factors affecting the climate, many of which are not fully understood. Addressing the climate issue is a complex two-part problem: a collective action problem involving major emitters like China, India, and Russia, and a multi-variable calculus problem, as highlighted by Pope Francis. However, there is reason for optimism, as progress is being made towards sustainability. Consumers are driving change by choosing more sustainable options. With the global population projected to reach 10 billion by 2073, humanity will need to live differently, more inclusively, and more sustainably while experiencing an era of aging, but this is deemed achievable.
Dr. Jordan B. Peterson sits down with investment expert and author Terrence Keeley. They discuss the recent success of the ARC conference, the reality of climate narratives and the ESG mafia, the cost effective solutions to some of our most pressing problems, and the positive side of societal betterment via impact investing.
Terrence Keeley is an American investment expert and author who has worked with and managed some of the largest investment organizations in the world. Besides having been an executive at Blackrock, Terrence also founded and served as the Senior Managing Principal of Sovereign Trends, LLC, an advisory firm for and about sovereign institutions. From 1987-2010 he was a senior managing director at UBS Investment Bank, where he oversaw the firm’s transactional and advisory relations with central banks, sovereign wealth funds, ministries of finance, public pension funds, and multilateral organizations, including the IMF and World Bank.
Terrence served as a consultant to Pope Francis’ financial reform commission, overseeing the Vatican bank. He is also a founding director of the Financial Hippocratic Oath movement. From 1982-85 he served as one of the first young trustees on the Notre Dame Board. Today he is also a frequent commentator/author on all issues relating to international finance, cross-border capital movements and global financial governance. He is married to Saskia Bory of Geneva, Switzerland. Their two sons attended the Lycée Français de New York.
This episode was recorded on October 13th, 2023
- Links -
2024 tour details can be found here - https://jordanbpeterson.com/events
For Terrence Keeley:
Learn about how to go beyond ESG investing here https://www.1pointsix.com/
Sustainable (Book)
Amazon https://www.amazon.com/Sustainable-Moving-Beyond-Impact-Investing/dp/0231206801
Columbia University Press https://cup.columbia.edu/book/sustainable/9780231206808