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Is there an investment fund that is designed to specifically invest in companies that have solid plans in place for mitigating or taking advantage of climate ch

Is there an investment fund that is designed to specifically invest in companies that have solid plans in place for mitigating or taking advantage of climate change, or taking short positions against industries or regions that are at risk and totally unprepared? Examples would be shorting Florida coastal real estate, shorting flood insurance, long on agricultural and real estate investments that depend on moving growing zones and seasons, etc.. The most undeniable evidence for climate change would be if people are making a ton of money from accurately anticipating its results. I’d invest heavily in such a fund, if it existed. One cool thing about this is that if you don’t believe in climate change you would want this too - you should bet against the fund and take the money of people like myself if you are right. Since I believe climate change is real, I would happily put my money on the other side of that bet.

ve55 7y ago
There are some clean energy ETFs such as $PZD (INVESCO EXCHANGE TRADED FD TR CLEANTECH ETF) that may be decent investments, but if you have specific environmental predictions, you might want to invest 'as close' to them as possible, e.g. via weather derivatives https://en.wikipedia.org/wiki/Weather_derivative https://en.wikipedia.org/wiki/Weather_derivative or second-order effects, rather than things further down the line of causation
aazaa 7y ago
> The most undeniable evidence for climate change would be if people are making a ton of money from accurately anticipating its results. I’d invest heavily in such a fund, if it existed. Rather than shorting, another option might be to buy undeveloped land that should appreciate as climate change predictions come true. For example, the land in the Canadian territories might be an option if you believe thawing will occur. Or possibly further south in the northern US. If your model says rain patterns will change, invest in desert real estate in those areas set to get the most rain.
etrautmann 7y ago
The unfortunate consequence of such an attitude is that it creates further economic incentives to not attempt to mitigate the damage from or slow down climate change
- landryraccoon 7y ago
  I’d argue the opposite. The problem with your position is that you are already describing the status quo of our society - virtually every entrenched interest in our society already gains from climate change denial. Fossil fuel exploitation industries and transportation are a trillion dollar industry already. On the other hand, the other side of the scale has nothing. A billion dollars in a hedge fund won’t be the tipping point when Exxon already has a market cap of 300 billion.

ve55 7y ago

There are some clean energy ETFs such as $PZD (INVESCO EXCHANGE TRADED FD TR CLEANTECH ETF) that may be decent investments, but if you have specific environmental predictions, you might want to invest 'as close' to them as possible, e.g. via weather derivatives https://en.wikipedia.org/wiki/Weather_derivative https://en.wikipedia.org/wiki/Weather_derivative or second-order effects, rather than things further down the line of causation

aazaa 7y ago

> The most undeniable evidence for climate change would be if people are making a ton of money from accurately anticipating its results. I’d invest heavily in such a fund, if it existed. Rather than shorting, another option might be to buy undeveloped land that should appreciate as climate change predictions come true. For example, the land in the Canadian territories might be an option if you believe thawing will occur. Or possibly further south in the northern US. If your model says rain patterns will change, invest in desert real estate in those areas set to get the most rain.

etrautmann 7y ago

The unfortunate consequence of such an attitude is that it creates further economic incentives to not attempt to mitigate the damage from or slow down climate change

landryraccoon 7y ago
I’d argue the opposite. The problem with your position is that you are already describing the status quo of our society - virtually every entrenched interest in our society already gains from climate change denial. Fossil fuel exploitation industries and transportation are a trillion dollar industry already. On the other hand, the other side of the scale has nothing. A billion dollars in a hedge fund won’t be the tipping point when Exxon already has a market cap of 300 billion.