Op Ed - Welcome to the Anthropocene: Investing in a Warmer World

Op Ed in Canadian Business Journal The verdict is in. From the highly conservative International Energy Agency (IEA) to the latest peer-reviewed climate science – business as usual puts enough carbon in the atmosphere to hit 6 degrees C global average temperature rise this century. That’s not something civic society survives, to say nothing of hopes for long-term economic growth! Welcome to the Anthropocene – a new geological age built by us, defined by climate risk.

There are four ways the powerful investment community might react to climate risk: play possum and ignore it; play defense and limit losses by protecting assets; play offense and make money by arbitraging (taking advantage of) impending disasters; or, play nice and try solve the problem.

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