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I have reread this article as some of the comments made me question whether or not I understood it or not. I had assumed that Jeremy Grantham was investing his

I have reread this article as some of the comments made me question whether or not I understood it or not. I had assumed that Jeremy Grantham was investing his wealth to save the planet, this was the conclusion that the author presents at the end of the article under the title "Bottom Line". But this is not necessarily the case, Mr. Grantham is investing in technology that will show a profit because of climate change, it is a subtle difference but an important one to consider, sort of the grain of salt that should be taken with reading of the article.

klenwell 8y ago
> Mr. Grantham is investing in technology that will show a profit because of climate change, it is a subtle difference but an important one to consider, sort of the grain of salt that should be taken with reading of the article. I bookmarked this NY Times article years ago: "Can Jeremy Grantham Profit From Ecological Mayhem?" http://www.nytimes.com/2011/08/14/magazine/can-jeremy-grantham-profit-from-ecological-mayhem.html http://www.nytimes.com/2011/08/14/magazine/can-jeremy-granth... That title puts his position in a bit different light. I haven't read this one yet but it would be interesting I guess to diff the two articles to see what has changed over the past 7-8 years.
rexpop 8y ago
It's definitely the case that Capital will profit--in the short term, of course--from climate change, and there's a good argument to be made that Capital is perpetuating the cataclysmic destruction of our system for such profits. Check out [This Changes Everything](https://www.goodreads.com/book/show/21913812-this-changes-everything https://www.goodreads.com/book/show/21913812-this-changes-ev...).
- martythemaniak 8y ago
  Well I'm going to recommend not checking that book out because it is of exceedingly low quality and not worth your time. Unless you're looking for something to reaffirm your existing leftist biases and dogma and not make you think uncomfortable thoughts, then it's pretty good.
  - groby_b 8y ago
    That's somewhat ad hominem. (Well, ad librem. Tomatoe, tomatoh) I'm not asking for a detailed critique, but what, in your opinion, is a good book discussing the intersection between capitalism and climate change?
    - darkpuma 8y ago
      Can Life Prevail? by Pentti Linkola.
  - angry_octet 8y ago
    Yeah, reading books written by people whose politics you disagree with is bad! While many will disagree with the take that capitalism & prosperity is incompatible with counteracting climate change, she does identify some real problems with cap & trade schemes. It is inconvenient that meeting global emissions targets will require significant lifestyle change in developed countries. The alternative to lifestyle change is massive ecological damage. Therefore, this is what will happen, as we're not about to give up pickup trucks and rapid growth just because someone will have to pay big interest on it later. So the real deficiency of the book is the idea that we will somehow have a revolution of equality. The style is also a bit over rich. There is a failure to even mention, let alone examine, renewable energy growth.

klenwell 8y ago

> Mr. Grantham is investing in technology that will show a profit because of climate change, it is a subtle difference but an important one to consider, sort of the grain of salt that should be taken with reading of the article. I bookmarked this NY Times article years ago: "Can Jeremy Grantham Profit From Ecological Mayhem?" http://www.nytimes.com/2011/08/14/magazine/can-jeremy-grantham-profit-from-ecological-mayhem.html http://www.nytimes.com/2011/08/14/magazine/can-jeremy-granth... That title puts his position in a bit different light. I haven't read this one yet but it would be interesting I guess to diff the two articles to see what has changed over the past 7-8 years.

rexpop 8y ago

It's definitely the case that Capital will profit--in the short term, of course--from climate change, and there's a good argument to be made that Capital is perpetuating the cataclysmic destruction of our system for such profits. Check out [This Changes Everything](https://www.goodreads.com/book/show/21913812-this-changes-everything https://www.goodreads.com/book/show/21913812-this-changes-ev...).

martythemaniak 8y ago
Well I'm going to recommend not checking that book out because it is of exceedingly low quality and not worth your time. Unless you're looking for something to reaffirm your existing leftist biases and dogma and not make you think uncomfortable thoughts, then it's pretty good.
- groby_b 8y ago
  That's somewhat ad hominem. (Well, ad librem. Tomatoe, tomatoh) I'm not asking for a detailed critique, but what, in your opinion, is a good book discussing the intersection between capitalism and climate change?
  - darkpuma 8y ago
    Can Life Prevail? by Pentti Linkola.
- angry_octet 8y ago
  Yeah, reading books written by people whose politics you disagree with is bad! While many will disagree with the take that capitalism & prosperity is incompatible with counteracting climate change, she does identify some real problems with cap & trade schemes. It is inconvenient that meeting global emissions targets will require significant lifestyle change in developed countries. The alternative to lifestyle change is massive ecological damage. Therefore, this is what will happen, as we're not about to give up pickup trucks and rapid growth just because someone will have to pay big interest on it later. So the real deficiency of the book is the idea that we will somehow have a revolution of equality. The style is also a bit over rich. There is a failure to even mention, let alone examine, renewable energy growth.