Another drag on the economy. Anti-capitalists have succeeded beyond their wildest dreams with this ridiculous assault on affordable energy. To think that the only really functional economic system can be so severely harmed by dioxycarbophobia and weather superstition… a system which survived radical Islamic terrorism could be felled by eco-terrorism.
Climate change continues to be viewed as a material risk by institutional investors prompting many to change their investment strategy, according to the second global investor survey on climate change.
The survey, conducted by Mercer, the consultancy, examined asset owners and managers who collectively manage more than $12tn. It showed that in 2011 every asset manager assessed climate risk and opportunities and that over half (57 per cent) of asset owners conducted climate risk assessments. Over a quarter of owners reported making changes to their investment strategy based on their findings.