How could I profit from global warming?

Question

Whether you believe in it or not, *if* there is global warming, then there's probably money to be had in either exploiting it or helping people live with it.

For example, I heard on NPR this morning that Australia is considering building desalination plants to provide water for all of its major cities to help cope with the driest conditions in more than a millenium. Couldn't money be made in coming up with the better desalination plant?

Or, maybe one could buy up that nearly-beach front property for when the ocean rises?

What are some good ideas?

Answer 1

Buy stock in Phillips (major producer of CFL).  Also, buy stock in Toyota, or another car company that produces Hybrids.

Answer 2

Fresh safe drinking water is already a major problem.  And improvements in desalination processes are critical.  Here's an interesting article on using carbon nanotube membranes to do that:

http://www.technologyreview.com/Nanotech...

As in all environmental changes or major technological changes, there will be winners and losers.

Answer 3

Hi, I'm sure you could benefit, I hope someone does, kind of a crummy situation.  The "plant" idea sounds good, haven't read too much about that, I'd like more info. I'll look it up.... Anyway, Good Luck to You!

Answer 4

Dear CV!

This is very interesting question about your thinking of the global warming situation and the way of making money with it. Well there are many ways of businesses like production of clean and sustainable energy  (solar, wind, wave, biomass), than eco friendly houses, lodges, hotels, Than try to think about the air and the good thing is the trade with hybrid vehicles,  production of organic food,etc.

Good luck with your saving our planet and your business

Answer 5

Dr Jello is right that the market is indeed a marvellous mechanism.  But just as today it is regulated on safety it needs to be regulated and given incentives on environmentally acceptable products.  This needs to be done in a way which places minimum burdens and maximum freedom for producers.  Carbon labelling and carbon trading (putting a cost on carbon) are things that come to mind.  

As for making money out of it, depends on your aptitude, risks you are prepared to take and good old fashioned luck.  Most people who make money work a strategy out for themselves which takes into account their relevant personal circumstances.

Answer 6

What ever your beliefs are in AGW, the market place is defiantly looking for greener technology.  Anything from more environmentally friendly cleaning supplies to motors and drives that are more energy efficient are demanded by the market.

By meeting the demands of the market, both profits and products will be made that will benefit all.

This is how the free markets work, this is the beauty of Capitalism.

Answer 7

The ice business will be in high demand!

Answer 8

Just do what Al Gore did and write another rag like he did!Global warming is a bunch of c**p.