Climate change and investment
It was around this time last year that I went to the movies and saw Vice, starring one of my favourite actors Christian Bale portraying Dick Cheney’s rise to Vice President under the George W Bush administration.
There was a short scene in the film that just blew me away. It was when a public focus group was asked the question: “‘Global warming’ sounds bad doesn’t it, how do you feel about the term ‘climate change’?” Everyone agreed it sounded much less scary and the next day it was adopted all over the world through a brilliant PR marketing campaign.
Call it what you like but the recent Australian bush fires have put the topic of climate change front and centre around the world. The debate on whether it’s real or not has come and gone, the key question now is what are we all going to do about it?
It’s a question that should matter to anyone who is an investor.
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