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major new global financial report finds that
investors who remain ignorant of or deny climate science will be big money
losers compared to those who are climate-savvy.
The Mercer Research report, “Investing in a Time of Climate
Change,” details the prospects — and the pitfalls — of various climate
scenarios. For the report, “Mercer collaborated with 16 investment partners,
collectively responsible for more than US$1.5 trillion, to produce the report,”
including Germany’s Ministry for Economic Cooperation and Development and “the
private sector arm of the World Bank Group.”
A Bloomberg column by investment guru Barry Ritholtz summed
up the report: “In the real world, climate-change deniers are and will be giant
money losers.”
Read the ClimateProgress
story - “Bloomberg Bombshell: ‘Climate Change Deniers Will Be Giant Money Losers’”.
