Global warming

We are all becoming aware of the potential effects of global warming on the climate and living conditions of affected areas, but what about its ramifications for different industries and their investors? Philipp Vorndran forecasts a lose-lose scenario for some in the industry, unless they learn to adapt

Global warming refers to a worldwide increase in temperature, chiefly caused by human activity. Forecasts estimate that a temperature increase of between 1.4° and 5.8°C can be expected over the course of the 21st century. Almost everything on earth will be affected by this phenomenon. Humans, animals, the ecosystem and even economies will all feel the impact. Increased emissions of CO2, which are the cause of global warming, are mainly the result of the industrialisation seen in the last 150 years. Another major cause is persistent deforestation, the destruction of forests on a large scale...