Donald Trump’s return to the White House is forcing one of Wall Street’s more jargon-filled corners to rethink its talking points.
Investment managers targeting climate change — a concept Trump has referred to as both a "scam” and a "hoax” — say it’s time to start speaking in terms that don’t alienate the millions of Americans who voted for the president-elect.
"We need to change the language we’re using when we talk about climate and the energy transition,” said Joe Sumberg, a former Goldman Sachs managing director who now runs real estate investments at billionaire Tom Steyer’s Galvanize Climate Solutions.
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