Distinguishing between “Climate Change” and “Climate Change Policies” on Investment Portfolios

Here is an important article by Roger Pielke, Jr. “What does Climate Change Risk Mean for Investment Portfolio Risk?” He points out that the main stream media (Reuters) mis-represents the report.

Thus, the risk to financial portfolios in the report is thus entirely due to climate policies and not the effects of “the physical impact of changes to the climate.” Of course, a news story that begins — “Climate change policies could put trillions of investment dollars at risk” — doesn’t really have the same ring to it.

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2 Responses to Distinguishing between “Climate Change” and “Climate Change Policies” on Investment Portfolios

  1. fujirobin says:

    They didn’t look at physical climate change, and there is some uncertainty over what effect policies will have.

    Doesn’t sound as newsworthy put like that does it?

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