Shutterstock When one stops to ponder the implications of climate change, investment options aren’t usually the first subject that comes to mind. Interestingly, a new piece of research conducted at the University of Texas at Austin finds that climate change beliefs are starting to seriously influence the financial decisions being made by some of Wall Street’s most prominent investors. Climate change is a hot topic these days, being discussed and debated in coffee shops, classrooms, and news programs all over the country. It’s a divisive topic with major political overtones, but regardless of how any one person feels about its legitimacy, there’s no denying its front and center in the minds of millions of Americans. The research team at UT’s McCombs School of Business surveyed 439 institutional investors, and a whopping 97% flat out said that global temperatures are on the rise due to climate change. On top of that, over 50% are already factoring in climate risks when making investment decisions. “These investors have accepted that climate change is happening,” comments Laura Starks, a finance professor at Texas McCombs, in a press release . “They’re trying to come to terms with how it’s going to affect the risk […]


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