Examining the effect of climate change media reports on stock returns

Climate change is the defining crisis of the 21st century. United Nations Secretary-General Antonio Guterres called it a “crisis multiplier”, while renowned naturalist Sir David Attenborough described climate change as “the biggest threat to security that modern humans have ever faced.” Extreme weather events, the latest being the floods in South Korea and India and record heat waves in Greece and the United States, dominate media headlines with worrying and increasing regularity.


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Source: Phys.org