Investors Warm to Climate Change Theme

Investors starting to think about best investment opportunities because of climate change.

Published: 13-Dec-2000

LONDON, Dec 13 (Reuters) - Buy umbrellas, sell pullovers?

Playing a specific long-term theme can sometimes be a successful investment strategy, and themes don't come much bigger than global warming.

The failure of last month's Hague conference to reach agreement on measures to reduce climate change will do little to reduce the worldwide importance of the issue, now that a consensus seems to have emerged that climate change is happening and that human factors are behind it.

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