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The Good Thing About Climate Change
Report

The Good Thing About Climate Change

Opportunities

GMO, 2017

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Editorial Rating

8

Qualities

  • Analytical
  • Innovative
  • Visionary

Recommendation

While the dangers of climate change preoccupy most people, the opportunities in firms addressing and alleviating the impacts of climate change don’t attract enough attention. Investment professionals Lucas White and Jeremy Grantham expound on why long-term investors should consider harvesting gains from the businesses engaged in climate change mitigation and adaptation. Though it never gives investment advice, getAbstract nonetheless recommends this timely report to investors intrigued by the future prospects of the “climate change sector.”

Take-Aways

  • Climate change offers investors the chance to buy shares in companies that could generate wealth while preventing environmental catastrophes.
  • Establishing a global clean energy infrastructure will require nearly $20 trillion through 2050, including funds to modernize electrical grids, “decarbonize electricity” and enact energy-efficiency programs.
  • As prices for lithium-ion batteries continue to fall, electric cars will cost less than fuel-burning cars by 2027.

About the Authors

Lucas White is the lead portfolio manager for climate change strategy at GMO LLC. Jeremy Grantham is a co-founder of GMO LLC and the firm’s chief investment strategist.