Wednesday, 31 July 2013

Marginal Revolution: What are the major market indices for climate change?

Marginal Revolution
Small steps toward a much better world. 
What are the major market indices for climate change?
Jul 31st 2013, 10:28, by Tyler Cowen

Dan Kahan asks me that question.  The Credit Suisse index does not seem very liquid and it is not clear to me if it is still actively traded.  In any case this earlier look at the index implies it is about mitigation efforts, not the extent of warming or climate change per se.  UBS launched an index in 2007, but I don’t see recent activity in the index mentioned in Google.  There are various anecdotal accounts of insurance companies being less willing to cover waterfront property in hurricane-prone areas.

I hit some walls on this one and so I turn it over to you, MR readers.  What are the best market indices — of whatever nature — for tracking the extent of the problem?  I thank you in advance for your assistance.

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