tag:blogger.com,1999:blog-5465015914589377788.post3399982719334282705..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Climate Change Mutual FundsMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-5465015914589377788.post-16323695107830899742015-05-29T09:14:04.473-04:002015-05-29T09:14:04.473-04:00There is, kind of, for 15 years already:
http://ww...There is, kind of, for 15 years already:<br />http://www.cmegroup.com/trading/weather/SSTnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-9587914179086578962015-05-26T12:08:46.709-04:002015-05-26T12:08:46.709-04:00Toniic is a deal-based investment group. I'd r...Toniic is a deal-based investment group. I'd rather go for an index.AnatoliNhttps://www.blogger.com/profile/07937984526970646627noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-8450389663771161752015-05-26T11:52:46.143-04:002015-05-26T11:52:46.143-04:00I'll join the Anonymous: I want to put my mone...I'll join the Anonymous: I want to put my money where my values are. This is - not to support tobacco, weapons and such. I do not care if my profits may be lower, I will gain much more support of my values. Besides, I think on the long-term socially responsible companies will be more profitable too. AnatoliNhttps://www.blogger.com/profile/07937984526970646627noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-15797965039247325242015-05-26T11:08:47.148-04:002015-05-26T11:08:47.148-04:00Anonymous- a group like Toniic might be what you&#...Anonymous- a group like Toniic might be what you're looking for- http://www.toniic.com/ Steadyhand_chris https://www.blogger.com/profile/14823160849394184687noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-78481581517600706702015-05-26T10:59:44.291-04:002015-05-26T10:59:44.291-04:00@Anonymous: Your idea is certainly more socially u...@Anonymous: Your idea is certainly more socially useful.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-82307137955127440472015-05-26T10:47:12.592-04:002015-05-26T10:47:12.592-04:00I see now. You are suggesting more "passivel...I see now. You are suggesting more "passively" betting on whether an outcome will happen. Whereas I think what I am looking for is some way to actually "influence" or direct my money to (or away from) certain causes so as to potentially actually drive an outcome. (certainly not with just my money, but maybe if enough people did!)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-11231056843351783482015-05-26T09:49:08.910-04:002015-05-26T09:49:08.910-04:00@Anonymous: You suggest an interesting variant of ...@Anonymous: You suggest an interesting variant of my fund ideas where the funds are designed to only invest in socially responsible investments as they relate to climate change. What I was suggesting is funds that are designed to be speculative. They would allow people to use real money to bet that climate change is real or to bet that climate change is not real.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-32230715374525477362015-05-26T09:40:14.732-04:002015-05-26T09:40:14.732-04:00I would seriously LOVE to (and have looked for) a ...I would seriously LOVE to (and have looked for) a way to invest at least a portion of my money in specific causes (or avoiding specific causes) that I do (or don't) believe in. The so-called "social index". I accept that such a strategy may negatively impact my returns, but I would be willing to do it anyway if it was something that I believed in.<br /><br />These are surprisingly hard to find. The only one I am really aware of in Canada is the iShares Jantzi Social Index. I don't know whether it's that there are too many causes/not enough willing investors, that the "rules" of these are hard to design/measure/enforce, or maybe just that nobody cares. But I actually agree there's a space for something here, because I own (indirectly through index funds) shares of Tobacco, firearms, and probably a huge list of unscrupulous companies overseas that I don't even know about ... maybe I don't want to own those.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-28340222511920978222015-05-26T07:35:51.182-04:002015-05-26T07:35:51.182-04:00Surprised no one has created a "futures"...Surprised no one has created a "futures" market for global warming yet.Anonymousnoreply@blogger.com