Goldman Sachs Provides Climate Change Investment Advice

As 150 heads of state, including U.S. President Barack Obama and Chinese Premier Xi Jinping, walk on stage at the Paris climate conference, it might be the island nation of Australia that is worth considering, a report from Goldman Sachs suggests. Looking at the next steps and separating the hype and hope from logical probability path analysis, the bank’s research points to three categories of expected investment winners and losers. Climate change summits are historically difficult to predict Filtering through high hopes and low expectations can lead to a muddled projection of likely outcomes at the event. The report from…