How Climate Change Will Impact Your Portfolio

Ignore climate change at your portfolio's peril, says Jeremy Grantham, founder of asset manager GMO

Jon Hale 13 April, 2017 | 10:01AM

 

Jeremy Grantham: To scale some of these issues, $9 trillion to decarbonise electricity completely; $6.5 trillion toward energy efficiency retrofitting buildings. The global revenue of advanced energy industry throwing all these together is currently $1.4 trillion a year, twice the airlines and larger than apparel and growing in America at 5% a year three times the underlying GDP and worldwide at over twice the rate.

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About Author

Jon Hale  Jon Hale is a consultant with Morningstar Institutional Investment Consulting.

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