, Columnist
Global Warming Battle Is Over Market Share, Not Science
Climate changes will produce investment winners and losers and the debate about whether it's real is over.
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Last week, the New York Times reported that venerable Dow Jones Industrial Average component Coca-Cola Co. was awakening to the impact of climate change on its business.
The increase in unpredictable weather, droughts, floods and other climate-related events was disrupting the company's product supply. Some of their "essential ingredients" are now under threat. Global warming, according to the article, is being seen "as a force that contributes to lower gross domestic products, higher food and commodity costs, broken supply chains and increased financial risk."