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From fad to fixture: how investors are waking up to climate risk

2016-01-30 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: From fossil-free investment products to assessing the risks of weather disasters, Wall Street is slowly but steadily embracing climate change. Photo courtesy of Flickr. U.S. EPA's accusation last fall that Volkswagen AG had cheated on emissions tests sparked a fire sale in global markets. Sellers pushed the company's stock down 30 percent in just four days. After New York Attorney General Eric Schneiderman (R) announced that coal company Peabody Energy Corp. had for years deceived investors...

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