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josie's avatar

How does one profit from global warming?

Asked by josie (30934points) September 10th, 2015

A few smart guys made billions when they (effectively) shorted the subprime mortgage lenders.

What investments might one make to benefit by global warming?

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18 Answers

SQUEEKY2's avatar

You wont have to spend as much on heating costs.
The ones that have really profited are the ones that moved their manufacturing plants to third world countries, to get around pollution and labor laws, while polluting like crazy and making killer profits while at it, cool huh, sure glad we chose NOT to bring kids into this fucked up planet.

Cruiser's avatar

Pretty soon you will be able to make big bucks selling ice cubes to the Eskimo’s.

janbb's avatar

Sunscreen

Adirondackwannabe's avatar

Air conditioners, misters, and Ice cream stands. The air conditioners consume more energy, more warming, and more ice cream sales. A self fulfilling prophesy.

obvinate's avatar

Trading weather derivatives/futures, biotech, and pharmaceuticals. I do high-frequency trading, but manual trading should be good enough if you have the right setup/contacts.

talljasperman's avatar

You can get lurve. Edit : it’s global climate change and not global warming.

Earthbound_Misfit's avatar

Design, develop and market a cheap and effective method/product to store solar/wind etc. generated power for later use. There’s work in this area but I’ve not seen anything that’s been mass marketed yet.

SavoirFaire's avatar

Real estate. The rise in sea levels will turn land that is currently thought to be less desirable into waterfront property.

Adirondackwannabe's avatar

@SavoirFaire Well if the Catskill Mountains become Ocean front property I think a real estate license would make me some bucks.

LuckyGuy's avatar

According to a DOE simulation the Northeast is the only area of the country that will have lower energy costs as the temperature rises. I figure I am right in the sweet spot.

gorillapaws's avatar

Buy stock in weapons manufacturers (especially foreign ones). As the world suffers more droughts and severe storms, populations will become destabilized/displaced. You’ll see a lot more groups like ISIS rising to power organically from the ashes of chaos (though not necessarily Islamic fundamentalists).

SmashTheState's avatar

In the longer term, short real estate companies in places like Tuvalu, Florida, and Kiribati, which may disappear into the sea rendering the land worthless. In the shorter term, there’s a water crisis looming in Kalifornia as they deplete aquifers which took tens of thousands of years to in order to maintain their agricultural base. As global warming increases the frequency and severity of droughts, fresh water is going to become a critical resource. Investing in water pipelines or companies providing desalination technology both seem like good investments.

I hope when the last drop of fresh water disappears into a Las Vegas golf coarse and the last ragged stalk of wheat in the new dustbowl dries up and blows away that you will find your bulging wallet thirst-quenching and delicious.

rojo's avatar

@LuckyGuy can you provide a web link to said DOE simulations?

kevbo's avatar

Drilling and shipping in the arctic.

rojo's avatar

Write self-help survival books?

LuckyGuy's avatar

@rojo No, I can’t. I saw it around 2008 on the DOE site. It was a colored map of the US that showed energy cost difference per degree of temperature rise. If I recall it was based upon the heating degree days plus cooling degree days for every location.

stanleybmanly's avatar

Desalination schemes look promising. First aid and emergency ration survival stuff. Mosquito abatement operations, as well as any warm weather pest eradication business, and of course the always profitable guns & ammo business. Pharmaceutical operations specializing in tropical diseases.

majorrich's avatar

water well drilling, Solar and/or wind power. Coal could be a bargain that can be capitalized on should gas distribution be interrupted. Bulk freeze dried foods and survival supplies. Firearms and ammunition/reloading supplies are always a good margin item.

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