This article in today’s LA Times tells of the new movement in the investor community that is beginning to take account of the damage that climate change will cause. There’s an unmet need to develop new industry based on new technology that adapts to and counters climate change.
I don’t know how you’ll view that article (it looks pretty strange to me when I clicked on that link– but you can read it!) so take a look.
It seems to me that smart people with money are coming to realize that the climate is changing for the worse and their money is at risk. Big companies that sell oil could find the value of their holdings bottom out when people stop burning oil– if internal combustion engines are replaced by electric motors that use renewable energy, for example.
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