Capitalism is a herd beast, easily stampeded because everybody is following everybody else. And if it looks like they are headed to the exits, look out. Right now there are lots of sideways glances by those industries who have exposure to climate related risk. Many coal investors have pulled the plug in the last six months but of course those with a higher risk threshold see that as a window to extract even greater profit.
If you read the Business Press right now (the Economist, Forbes,Fortune, etc) you will see articles about new climate risk assessment companies starting up. They offer high-priced consulting on "preparedness" and when to make a move. Of course, nobody wants to incur the "first-mover disadvantage" in a market but neither do you want to be left holding the bag (stranded assets) when poop hits fan. Think especially of the insurance business and those biggies who insure the insurers.
Of course, government is getting equally nervous so they are setting up such instruments as the Prudential Regulation Authority and the Financial Conduct Authority (Europe) and a Taskforce on Climate Related Financial Disclosure, supposedly to protect shareholders and private investors. Since no one wants to hear the truth (that the whole system is racing towards a precipice) they instead engage in abstract "Climate Stress Tests for the Financial System" and other esoteric exercises to gauge liability and "exposure". Then there are the big credit rating agencies, the Moodys and S&P Global Ratings and such that give grades to countries
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