Friday, March 8, 2013

Profiting from Global Warming

http://www.businessweek.com/articles/2013-03-07/investors-seek-ways-to-profit-from-global-warming#r=tec-s

In the past, investors turned to investments that were geared towards efforts to stop global warming. This is now slowly starting to change. Investors are now putting their money into efforts that will take greater advantage of increasing global warming. The articles discusses the investment in dengue (due to hotter temperatures) fighting mosquitos, weather derivatives, property rights, commodities like gold, and flood protection services. Hedging one's money with the hope that our climate worsens seems a bit insensible, but it seems making money off good ventures is becoming less profitable.

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