RWH047: Investing In The Era of Climate Change w/ Bruce Usher

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 7 July 2024

⏱️ 100 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode, William Green chats with Bruce Usher, author of a book titled “Investing in the Era of Climate Change.” Bruce, a successful entrepreneur, investor, & Columbia Business School professor, discusses the “once-in-a-lifetime” investment opportunity created by the transition of the global economy to a low-carbon future. He explains how to protect yourself financially as environmental risks intensify, & how to profit as trillions of dollars flow into innovative climate change solutions that will change the world—from electric vehicles to solar energy. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 05:37 - Why Bruce Usher sees climate change as a huge opportunity (& risk) for investors. 08:34 - How the transition to a low-carbon future will transform the global economy. 10:53 - How extreme weather is finally altering perceptions of climate change. 13:45 - How to protect against environmental threats to your property. 20:39 - Why electric vehicles & renewable energy are key drivers of decarbonization. 33:42 - How Berkshire Hathaway is playing the energy transition. 49:05 - Why leading companies like Apple & Microsoft are serious about sustainability. 54:02 - Why it’s wise to consider environmental factors before buying any stock. 01:03:53 - How to invest in funds & ETFs that reduce your exposure to climate risk. 01:12:44 - How billionaires like Bill Gates & Jeff Bezos invest in climate change solutions. 01:23:01 - What consumers can do to reduce their negative impact on the environment. 01:27:47 - Why Bruce thinks humanity might still avoid catastrophic climate change. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Bruce Usher’s book, Investing in the Era of Climate Change. Bruce Usher’s book, Renewable Energy: A Primer for the Twenty-First Century. William Green’s podcast interview with Bryan Lawrence. William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book. Follow William Green on X. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Sun Life The Bitcoin Way Range Rover Sound Advisory BAM Capital Fidelity SimpleMining Briggs & Riley Public Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to TIP.
0:02.0	Hi there, it's great to be back with you here on the Richer Wiser Happier Podcast.
0:07.0	The subject of today's episode is one of the most important issues of our time,
0:12.0	an issue that has enormous impetus. one of the most important issues of our time,
0:12.8	an issue that has enormous implications
0:15.5	for all of us in terms of our financial well-being.
0:19.1	We're going to discuss climate change
0:21.2	and specifically what it means for you as an investor.
0:25.0	As you'll hear in this episode, we're in the early stages of an historic transition
0:30.0	from a global economy that's deeply dependent on fossil fuels,
0:34.0	to a low-carbon future in which we radically reduce our emissions of greenhouse gases.
0:40.0	Hopefully this shift will happen fast enough to avert or at least lower the risk of catastrophic climate change.
0:47.0	For businesses and investors, it's hard to overstate the scale and significance of this race to decarbonize the global economy.
0:56.0	The Boston Consulting Group estimates that 150 to 200 trillion dollars of investment will be needed over the next three decades
1:05.5	to finance this transition.
1:07.8	At the same time, obviously we're seeing more and more vividly
1:11.3	the dangerous effects of climate change including heat waves and
1:15.1	wildfires and flooding and hurricanes and all sorts of other extreme weather events.
1:20.8	Already 2024 is shaping up to be the hottest year on record, so this may just be the beginning.
1:27.0	Capitalism has no doubt contributed to a lot of these problems,
1:31.0	but it also creates a lot of ingenious solutions to our problems.
1:35.5	So as you'd expect, we're seeing an unprecedented flow of capital and talent that's focused
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Stig Brodersen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Stig Brodersen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.