http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/20/cmethical20.xml

Investing in climate change is proving to be profitable for governments, corporations, and investors from many sectors. Governments recent subsidies towards energy-efficient programs is bringing in newfound wealth for investors. In addition, the rising price of oil have been influential in pushing investments towards alternative energy sources. CEO's are taking charge in ways that were unforeseen.

"Eight years ago, there were around 350 companies to choose from in this sector," says Christie at BlackRock. "Now there are around 1,100. These companies are also growing up – a large number already have a competitive product and are profitable."

Christie estimates that, as little as four years ago, only around 30 percent of the companies in the BlackRock portfolio were making a profit. Now that figure is 90 percent.

There are is no one way to profit from climate change. Corporations are finding innovative strategies to reap the benefits of climate change from government subsidies and consumer demands.

Daily Telegraph: May 20, 2008

submitted by M. Lamarre