Deutsche Bank: Climate Change Is an Investor’s Dream — If the Government Mandates It
The United Nations climate change talks in Copenhagen were a huge disappoint for just about everyone, except maybe Deutsche Bank, which is taking a glass half-full view despite the lack of a legally binding agreement of even a global emission reductions target. Their message: Invest in climate change. With one caveat: Government mandates and policies rather than carbon markets will be the key catalysts to growth in the climate change sector. Which is the exact opposite message coming from many high-carbon emitting companies. The Deutsche Bank 2010 Investing in Climate Change report coincided with a one-day Investor Summit on Climate Risk at the U.N., which also took a hopeful view of a burgeoning clean-energy economy. But again it all hinges — in…
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