1. Australian fund managers short Tesla and Elon Musk
When Elon Musk dramatically promised to build a grid-scale battery in South Australia, the media was enthralled. Share traders and a string of Australian fund managers smirked. They’d seen it all before, and were shorting him in the market.
In that very week he was in the market with plans to raise $US1.15 billion in equity and convertible notes. I understand also that Tesla has gone strangely quiet about SA since then. Continue reading Climate clippings 201
The WMO Statement on the Status of the Climate in 2015 was released on 23 March. In short, the world continues to warm, the seas continue to rise, and the weather becomes hotter, wetter and drier, with continued extreme conditions.