Three plays on climate change

Climate change is creating opportunities for investors as governments around the world introduce environmental regulation to tackle it, says professional investor Johnny Russell. Here, he tips three companies that are well placed to benefit.

Each week, a professional investor tells MoneyWeek where he'd put his money now. This week: Johnny Russell, investment director and manager of the Scottish Widows Environmental Fund.

Major progress has been made since climate change first attracted the attention of the general public. The United Nations Climate Change Conference in Copenhagen in December 2009 was the latest attempt to reach international consensus on cutting emissions by 2020.

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