Climate Change: A Fundamental Shift
Tackling climate change demands a substantial shift in the global economy: How energy is generated; how goods are produced, and how we travel.
All over the world governments recognise the problem and are not prepared to take risks: A 700 page study by Sir Nicholas Stern concluded that:
The consequences of mismanaging the climate crisis could lead to major and irreversible consequences for life on this planet
As society, governments, and businesses begin to confront climate change issues, investors need to gain an understanding of how the economic environment will change and what the impact of these changes will be on their investments. There will of course be risk, but with risk there is always opportunity.
Whether you like it or not you are already involved, and if you fail to take action you are not only missing out on a tremendous opportunity, but are already accepting risks you have not been paid to take.
Shrewd investors have already moved their investments* away from high carbon users to companies that embrace new technologies developing renewable energy sources in preparation for the new low carbon world
There will be winners and losers. The question is, which are you?