“Climate-related risks, both those related to the warming of the planet and those related to our actions to mitigate it, are a factor in asset pricing. This column argues that the nature of these risks is quite different from that of other shocks commonly considered in asset pricing models.”

[COMMENTARY] This article is a discriminating and somewhat academic look at how climate beliefs relate to asset prices. It’s a worthwhile reading for investors.
Climate beliefs and asset prices, by Galina Hale and Bhavyaa Sharma, October 6, 2024, CEPR, Europe.