Climate Change Will Get Worse. These Investors Are Betting on It

Which of course raises the question what good will extensive financial assets be if all hell breaks loose?

One possibility for that scenario was explored at HN a short time ago:

The Super Rich of Silicon Valley Have a Doomsday Escape Plan

URL= https://news.ycombinator.com/item?id=17922863

I don't really get it "let's escape to an island" when sea levels are going to rise and hurricanes are going to get worse?

Everyone knows mineshafts are where its at. #MineshaftGap

TL;DR

Bullish: sea wall construction; short-term housing, including hotels (except maybe those with beach-front lobbies); insurers specializing in weather risk; higher-lying real estate along up-migration corridors.

Bearish: municipal bonds of low-lying cities.

Ethical rationale: What more credible way to put the lie to the "climate change is a hoax" deniers, than to move big capital in these directions?

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> under 10%

Source of this number, please?