No, the Kyoto effect is not a warming climate trend, it’s a warming profit trend. As reported in GreenBiz, European companies that deal in renewable energy have already seen significant stock price growth, while their counterparts in non-Kyoto nations have seen weakening. The article does mention that it’s too early to tell if the effect is provable but it certainly adds improved prospects to renweable energy investment, at least in Europe.
Nick Aster is a new media architect and the founder of TriplePundit.com
TriplePundit.com has since grown to become one of the web's leading sources of news and ideas on how business can be used to make the world a better place.
Prior to TriplePundit Nick worked for Mother Jones magazine, successfully re-launching the magazine's online presence. He was instrumental in the creation of TreeHugger.com, managing the technical side of the publication for 3 years as well as an active consultant for individuals and companies entering the world of micro-publishing. He earned his stripes working for Gawker Media and Moreover Technologies in the early days of blogging.
Nick holds an MBA in sustainable management from the Presidio School of Management and graduated with a BA in History from Washington University in St. Louis.
Follow Nick Aster @nickaster