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Climate change could pummel stocks: study

2015-11-12 17:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Deutsche Welle: Environmentalists aren't the only ones fretting over climate change. A new study has calculated the risk to financial markets if temperatures are allowed to rise uninhibited. Inaction, it said, would be a bad investment. A fresh study by the Cambridge Institute for Sustainable Leadership has put a price tag on climate change mitigation. Investment portfolios primarily made up of stocks could lose nearly half of their value if global warming isn't curbed. By contrast, if the Earth's temperature...

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