Barry Ritholtz, Columnist

Profit From Global Warming or Get Left Behind

Forget the debate about climate change; the search for investment opportunities is on and those who don't bother looking will miss out.

February 24, 2014 at 1:14 PM UTC

By Barry Ritholtz

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

Still think human activity isn't changing the climate? Photographer: Kuni Takahashi/Bloomberg

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Last month, I wrote about global warming in the context of investment opportunities. As part of that discussion, I mentioned McKenzie Funk's new book, ``Windfall: The Booming Business of Global Warming.'' I thought framing the financial opportunities of this might bypass the usual agnotology and political foolishness. To quote:

``This debate is no longer about whether global warming is real (it is) or whether humans are the most likely cause (you are), but rather, some very interesting and different questions that might be more professionally relevant to finance: How is this going to affect business? What are the investing consequences? Who will be the financial winners and losers of climate change?''