Climate change is a major factor that will shape the future of the global economy and society. The UN says we need to act urgently to avoid the worst impacts by cutting emissions by 2030, but that seems unlikely. Some investors are focusing on the winners of the green transition, such as clean tech or renewable energy, but the real money is in shorting the losers.
Which companies or industries are most vulnerable to the physical, regulatory, or reputational risks of climate change and will likely go under in the next decade? How can we find and short them effectively and efficiently? For example, airlines, ski resorts, coastal real estate, or agriculture? And no, oil companies are not an option because they seem too resilient and diversified.
