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GreatGazoo

(3,937 posts)
Fri Jul 10, 2015, 08:54 AM Jul 2015

8 Ways to Make Billion$ from Climate Change ! (and all it will cost you is your soul)

Funk notes that "on Wall Street you no longer get a lot of climate denial." Largely indifferent to the causes of climate change, his respondents decided early on that investing in green technology was a losing proposition. Instead "the warmer the world, the less habitable it became, the bigger the windfall."

In 2008, Royal Dutch Shell developed two sophisticated climate-risk scenarios called Blueprints and Scramble. The first modeled a greener future while the latter predicted – due to government inaction – a future of droughts, floods, heat waves and super storms. By 2012, Shell executives confided to Funk "We've gone to Scramble. This is a Scramble kind of world. This is what we're doing." Another Shell official opined "I will be one of those persons cheering for an endless summer in Alaska."


1.
Senator James Inhofe (R. Okla) wants to funnel even more money toward Wall Street via "Disaster Savings Accounts," whereby wealthy individuals can obtain $5,000 tax breaks to mitigate extreme weather events. Extending political chutzpah to its outer limits, Inhofe recently authored The Greatest Hoax, a book claiming that global warming is a massive conspiracy designed to increase government regulation.


2. Buy up water rights -- the petroleum of the new Century.

3. Invest in construction companies like Arcadis who say they can wall off lower Manhattan from the next Sandy for the tidy sum of $8 billion.

4. Invest in companies like AIG that will privately fight fires for billionaires while their neighbors burn to the drought-dried ground.

5. Invest in weather derivatives hedge funds like Nephia's that seek to capitalize on the higher risk scenarios that come with extreme weather and climate change.

6. Buy up farmland worldwide using climate models to predict which land will desertify or flood, and which will increase in value as the carbon shit hits the global warming fan.

7. Invest in Britain's Oxitec Corporation to profit off the expansion of Dengue Fever and treatments for it.

8. Invest in the companies building the 2100 mile floodlit, electrified barrier fence that India has built to keep Bangladeshi refugees out as flooding destroys Bangladesh.

http://www.commondreams.org/views/2014/03/31/profiting-climate-change
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