Save the world, get “biggest investment op in history of world”

The anti-carbon industry is in trouble — both Al Gore, and The World Bank are doing the hard-sell on “climate investments”.

The Fin Review used to be able to spot a chain letter…

Climate change offers huge investment opportunity, Al Gore tells World Bank

How did the worlds bankers miss something this big?

“It’s the biggest opportunity in the history of the world – it’s the biggest investment opportunity, but we have to have a clear vision, we have to have policy leadership… to bring the world community together to get the financing that is needed to move the momentum more quickly,” former US Vice President Al Gore told the discussion.

Any day now, this is going to be huge. (Right after they get that “strategy hammered out” yeah.)

World Bank president Jim Yong Kim said financing climate action could offer a more lucrative home for $US8.5 trillion ($11.2 trillion) in negative interest rate bonds, $US24.5 trillion in very low-yielding government-type bonds and a further $US8 trillion in cash, though a clear strategy still needed to be hammered out.

Try not to think about what it means when the government is borrowing money from people and Good-Friends-of-Government […]