that examines how"inevitable" policies such as banning internal combustion engines will affect stock prices.
Principles for Responsible Investment is supported by nearly 2,600 asset owners and investors that have a combined $86 trillion of assets under management. The report from Principles for Responsible Investment looks at how valuations would be affected if climate policies changed by 2025. However, policies could change at any time, the authors warn.The changing policy landscape will be driven by bans on internal combustion engines that are expected by 2035, as well as carbon pricing and the phasing out of coal.
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