Proof that Wall Street does pay attention to the climate

By Trey Thoelcke Published May 12, 12:53PM EDT

Proof that Wall Street does pay attention to the climate — © ferrantraite / Getty Images

By David Callaway, Callaway Climate Insights

(Mark Hulbert, an author and longtime investment columnist, is the founder of the Hulbert Financial Digest; his Hulbert Ratings audits investment newsletter returns.)

CHAPEL HILL, N.C. (Callaway Climate Insights) — We now have proof that the stock market takes the climate into account in setting stock prices.

And not just for this or that green-energy or fossil-fuel company, but for virtually all publicly traded stocks.

This is important because it provides empirical confirmation for what up until now has been a largely theoretical argument about climate investing. That argument has been that climate-related risks, even though largely manifesting over the very long term, should nevertheless have an impact on stock prices.

With this new empirical confirmation, even traders who only are narrowly focused on making money have a powerful rationale for taking climate-related risks into account.

The confirmation is provided in a study that just recently began circulating . . . .

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About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.