26 people own more than the bottom 4billion [1], climate change is destroying our world [2] and the rise of Rightwing-Populism is debilitating the public in fighting back, which feeds into massive rise of mental illness due to climate anxiety (83% of the youth have climate change anxiety) [3]. In addition to this 71% of global emissions are produced by just a 100 companies [4].
An Optimistic outlook is that 100s of millions will suffer extreme consequences, the question is:
Can only the rich profit from a dying world ?
I feel horrible just thinking about this, but retail will never move the needle on the market, so is it so bad to ask if there are ways to avoid the same suffering potentially Billions will suffer?
The stock market in general is a tool to transfer wealth to the rich, but are there any specific stocks/bonds/etfs/other financial instruments which could be used to help us?
[2] https://news.un.org/en/story/2021/08/1097362
[3]https://www.verywellhealth.com/gen-z-climate-change-anxiety-survey-5179490
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