Investors should worry if climate goals are missed, report warns

Global warming model

WLLIAM WILKES and CHRISTOPHER FLAVELLE / BLOOMBERG – Investors be warned: If the planet heats up by more than two degrees, it’s going to get a lot harder to make money.

That’s the conclusion of investment advisory firm Mercer LLC, which modeled the financial fallout from two, three and four degrees Celsius of global warming through 2100 in a report released Monday.

The report marks one of the first attempts to model sector-specific investment risks from climate change over decades. If warming is limited to no more than two degrees, coal and other fossil fuels lose the most in value, because countries have shifted toward cleaner energy. If temperatures rise further, sectors with the biggest losses will include industrials and agriculture …

go to article

LEAVE A REPLY

Please enter your comment!
Please enter your name here