Investors Call For Fighting Climate Change

Add financiers and investors to the list of advocates who agree climate change is real and must be dealt with. A group of investors representing $32T (twice the US GDP) have called for reducing coal usage and fossil fuel subsidies because they estimate climate change has the potential to be 4 times worse than the Great Recession. They’re even calling for a carbon tax, something frequently only attributed to environmentalists. There is a growing crowd of people and interests who recognize climate change and the need to mitigate it and adapt to it. Whether it results in enough action soon enough is questionable as the change seems to be accelerating earlier and faster than expected. One sign of hope is that, governments that may ignore non-profits and scientists, may listen to the investment community.

“Tackle Climate Or Face Financial Crash, Say World’s Biggest Investors” – Business Green