Why the stock market will help to combat climate change

Why the stock market will help to combat climate change

There is evidence that businesses profiting from the extraction of fossil fuels are facing market headwinds. Recently, Norway stated its sovereign wealth fund will begin to diversify its holdings away from oil stocks. The new “carbon risk” may lead to stock price declines of companies in the oil & gas sector. If stock prices suffer as a result of carbon risk, the market will effectively help in combating climate change. Continue reading “Why the stock market will help to combat climate change”

Greta Thunberg’s speech explained

Greta Thunberg's speech explained

The young Swedish climate activist gave a sensationalistic speech at the COP24 UN Conference in Katowice that became widely popular. Here we analyze and explain what she said, sentence-by-sentence. Finally, we criticize and challenge her view that people will be the driving force of an environmentalist revolution. Continue reading “Greta Thunberg’s speech explained”