Place Your Bets on Global Warming
Most would say those who deny global warming should first bet on coal, oil and gas, but that's no way to make money. If you think your thesis is right, you bet on stocks that go against the other way of thinking.
So if you accept the scientific consensus that glaciers are melting, temperatures are warming and we're heading over the environmental cliff, you look to sectors that can deal with that reality.
Thus, those who think we can keep pumping methane and CO2 into the air without consequence would be wise to buy insurance stocks, especially those that insure against natural disasters. Companies like American International Group
Best of all, they're both bargains. AIG still sells at slightly less than 12 times its most recent earnings, Chubb at a little more than 12 times.
Retailers with global reach should have steady profits if global warming isn't real. So try some Wal-Mart
If you don't think Florida is doomed by climate change, maybe you should consider homebuilders. Lennar
Scientists think airliners contribute as much as one-fifth of the Arctic's global warming, so no cool planet portfolio should be without companies like Delta
On the other hand, what if you accept the reality of global warming? How do you invest then?