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Photograph by AFP/Getty ImagesFrequent floods Markets & Finance Investors Seek Ways to Profit From Global Warming By Matthew Campbell and Chris V. Nicholson on March 07, 2013 Tweet Facebook LinkedIn Google Plus 39 Comments Email Print Companies Mentioned MS Morgan Stanley $23.22 USD 0.31 1.34% GS Goldman Sachs Group Inc/The $156.62 USD 2.49 1.59% width: 2px; background-color: green; float: left; position: absolute; left: 8px; height: 2.259428571428572px; bottom: 5

chs (GS), and other firms took stakes in wind farms and tidal-energy projects, and set up carbon-trading desks.

Even A Moderate Price For Carbon Pollution Has a Big Impact On U.S. Emissions

IEA acknowledges fossil fuel reserves climate crunch Nov12 Lorne Stockman The International Energy Agency released its annual flagship publication today, the World Energy Outlook. The IEA made an historic statement in the executive summary. It said, “No more than one-third of proven reserves of fossil fuels can be consumed prior to 2050 if the world is to achieve the 2 °C goal”, the internationally recognized limit to average global warming in order to prevent catastrophic climate change. Let me rephrase that.  Over two-thirds of today’s proven reserves of fossil fuels need to still be in the ground in 2050 in order to prevent catastrophic levels of climate change.