This video from The Telegraph gives an insight into the financial sector’s views on low carbon technology. Unsurprisingly they’re taking a very hard nosed approach (the suit being interviewed dismisses ethical funds as ‘fun’ investments), and they are seeing climate change as a financial driver which will make green tech stocks grow – and that those stocks are a ‘hedge’ against inflation.
Some may find such calculated profiteering on the back of climate change vaguely distasteful, but I always argue that if we are to tackle climate change fast, then the solutions must be integrated into the way the world economy works now.
What this video also demonstrates is that if you want investment in your planet saving technology, these guys are no dupes – you’re going to have to have a technology which delivers what it claims it can, at a realistic cost and a decent financial return. And beat the competition.
The low carbon economy – no place for wimps!