Low carbon economy makes sense for investors

[maryjane48]

Mark Campanale believes progress can be made in the fight against climate change by making carbon investment risk apparent in capital markets.

Campanale is the founder and executive director of the Carbon Tracker Initiative, an independent financial think tank that provides in-depth analysis on the impact of climate change on markets.

He argues aligning capital markets with climate reality will lead to lower emissions because some of the oil owned by the big companies will become stranded assets — meaning they will become suddenly devalued prematurely because of the shift to a greener economy.

Camapanale stopped by On The Coast for a chat with Stephen Quinn about why low-carbon investments are more ethical and make sense in the long-term.

seems to be the trend

[Ka-El]

do you have a link ?

[maryjane48]

i had to run out and forgot i think it was huff post under buisness sorry

[oneh2obabe]

do you have a link ?

http://www.cbc.ca/news/canada/british-c ... -1.3477509

[Veovis]

He argues aligning capital markets with climate reality will lead to lower emissions because some of the oil owned by the big companies will become stranded assets — meaning they will become suddenly devalued prematurely because of the shift to a greener economy.

I wonder out of curiosity just how quickly his group is placed to short sell a pile of oil and gas stocks should this "adjust the market and devalue all oil cuz we asked nice" plan.

Sadly there is no "greener economy" yet. Most green tech is still in it';s infant stages for viable replacement of oil. We aren't even close but people want their payments today for what someone else will invent in the future.