2007-02-10 13:58:45 · 5 answers · asked by Jeremy B 1 in Environment
Absolutely. The Kyoto Accords are designed to essentially kneecap developed nations economies. The cost has been estimated in the trillions of dollars.
No matter your opinion on whether or not Kyoto will accomplish anything, you have to know that putting that sort of burden onto businesses is going to cut into profits, which will have a very negative effect on any investment portolios. Especially those focused on transportation or energy.
Orion
2007-02-10 14:33:57 · answer #1 · answered by Orion 5 · 0⤊ 0⤋
I have no idea what is in your portfolio. Kyoto fully implemented calls for cleaning up the environment. It is more probable that Kyoto will result in more jobs in newer technologies and the launch of more business ventures designed take advantage of those new technologies.
Whether Kyoto is implemented or not, technologies that use less of diministing and therefore more costly resources, are likely to do well.
Of course, if your portfolio's growth is tied to maintaning the status quo you are likely to suffer some losses. Dial back 100 years. If you had a portfolio full of buggy whip and blacksmith shops, you would sound like Orion, decrying the advent of the automobile.
The genius of the market is that you can make money in just about every environment but you have to be flexable enough to change with the times.
2007-02-10 15:07:43 · answer #2 · answered by fredrick z 5 · 0⤊ 0⤋
A recent bank study into the effects of Kyoto on the stock markets in Canada estimates that 40% of all stocks will be effected and most of those in a negative way. Carbon emmissions are so far stretched through our economy, that it is hard not to find something that doesn't at some point contribute. Oil and gas, coal, utilities, auto makers, transportation, manufacturing, construction...the list is endless. The report came out this week....I think from CIBC.
2007-02-14 10:51:51 · answer #3 · answered by Nice Guy 3 · 0⤊ 0⤋
A very distinct pride comes from an investment in your customer base.Flaunt that investment and benefit above a competitor without that pride.Two salesmen selling the same product.one drives a wreck one drives a nice sedan.Who will you invest in?
2007-02-10 14:05:51 · answer #4 · answered by stratoframe 5 · 0⤊ 0⤋
Only if you're unethical enough to be holding oil or coal company stocks.
2007-02-10 15:18:05 · answer #5 · answered by Anonymous · 0⤊ 0⤋