Climate Home: Assets equivalent to the six largest companies listed on US Dow Jones stock exchange are at risk if carbon emissions rise unabated, researchers have calculated.
Under business as usual, climate change will wipe an estimated US$2.5 trillion -- the market capitalisation of Apple, Alphabet, Microsoft, Exxon, Facebook and General Electric -- off the global economy by 2100, according to a study published in Nature Climate Change on Monday.
If global warming is worse than expected, this could rise...