(Aug 23): To the alarmist, the future is bleak. The water crisis in Chennai, India left hundreds dead as the temperature reached 50 degrees Celsius in some areas while reservoirs that supply the city’s drinking water completely dried up. This is only the latest in a series of climate catastrophes this year, from more intense wildfires to frequent high-tide floodings. The harsh truth is — as most major reports have suggested — the world is well on its way to raise average surface temperatures and we are most unlikely to reach “net-zero” emissions by 2050.

But to the investor, the current predicament is also an opportunity to ride a bull market for the coming two, three decades, according to UBS analyst Sam Arie. Specifically, this is the start of a sustained growth for renewable energy solutions, and for more radical and sustained efforts to reshape industries. This shift will be as significant as...(click on link for full story on theedgesingapore.com)