31 October 2006, Daily Telegraph

Global warming finally the hot topic for big business

There are two sides to the climate change coin for an investor - opportunity and risk. Investors have already picked up on the first of these. There are more than 50 'clean energy' companies quoted on the London stock market, writes Tom Stevenson"

Morgan Stanley, the US investment bank, has earmarked $3bn for investing in carbon trading while Climate Change Capital, a specialist bank, raised $1bn last month to invest in the sector."

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