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Investors not pricing in broader climate risks

An immediate, strong, global pricing of carbon is needed to drive rapid transition to a net-zero economy.

The Navajo Generating Station in Page, Arizona. Some investors are divesting from fossil fuels, while others are switching to carbon-sensitive benchmarks.

CLIMATE change is a complex and poorly understood problem, yet I believe it to be one of the most relevant investment issues we will face over the next several decades. Because of the immense uncertainty around how our ecosystems will be impacted by increasing greenhouse gas levels - as well as...

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