The emerging global-warming market-driver in the energy sector: A status report

Jeremy Leggett

Renewable Energy, 1996, vol. 8, issue 1, 6-9

Abstract: The financial institutions have in recent years been progressively awakening to a severe threat inherent in human-enhancement of the greenhouse effect. Insurance companies, and increasingly banks and pension funds, have come to fear that a warming world holds the danger of unmanageable property-catastrophe losses triggered by an increase in extreme climate-related events, plus a spectrum of major knock-on problems for debt and equity investments. This emerging greenhouse market-driver now has major implications for corporate strategy in both the financial and energy sectors.

Keywords: Insurance; banking; climate change; solar energy (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:8:y:1996:i:1:p:6-9

DOI: 10.1016/0960-1481(96)88811-2

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