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Michael Bloomberg, Hank Paulson and Tom Steyer: Assessing risks of climate change

2013-10-05 16:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: If the United States were run like a business, its board of directors would fire its financial advisers for failing to disclose the significant and material risks associated with unmitigated climate change. Managing risk is necessary for individuals, investors, businesses and governments. As individuals, we buy insurance for our homes, vehicles and health because the future is unpredictable. Businesses take similar actions and save, when they can, for the next economic downturn. Investors diversify...

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