Investors should be considering this as a fight over market share, not a scientific debate. That is the approach taken by McKenzie Funk in a new book, ``Windfall: The Booming Business of Global Warming. The impact is across many industries. Its time to throw out your preconceptions of climate change as a fight between green hippies and Big Oil. This is far broader and more complex, goes far beyond energy, to include agriculture, insurance, transportation, construction, recreation, real estate, energy exploration, food production, health care, minerals and even finance. But the bigger issue is the financial consequences. Investors are going to see companies increasingly affected by climate change. The debate has moved on, rapidly becoming a fight over market share, with big shifts in cost structure, revenue and profits.
Posted on: Tue, 28 Jan 2014 05:32:05 +0000
Trending Topics
Recently Viewed Topics
© 2015