TITLE

Global Warming's Unlikely Antidote: Why Capital Markets Hold the Key to Addressing Climate Change

AUTHOR(S)
Leijonhufvud, Christina; Fitts, Jeffrey P.
PUB. DATE
September 2015
SOURCE
Social Research;Fall2015, Vol. 82 Issue 3, p761
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article recognizes the role of the global investment industry in efforts to control and limit greenhouse gas emissions and fossil energy use to stabilize the rate of global warming as of September 2015. The issue of economic costing continue to lead the private sector to the transition to a low-emissions environment by financing energy sources, land use practices, and infrastructure. Efforts such as the fossil fuel divestment campaign aim to redirect investments needed in clean energy sources. The campaign's objective is to break the global dependence on fossil fuels. But the economic and societal costs of climate change obstruct action and advocacy on climate change. Capital markets remain unmoved by the growing concern.
ACCESSION #
112817932

 

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