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Why Doing Nothing to Curb GHGs Is ‘Risky Business’

Why Doing Nothing to Curb GHGs Is ‘Risky Business’

Businesses can still avoid the most severe risks from climate change through early investments in resilience and immediate action to reduce the pollution that causes global warming, according to a report by the Risky Business Project. The report, Risky Business: The Economic Risks of Climate Change in the United States, … Read more »

Typhoon Haiyan

Climate Change Losses Cost $200 Billion over Last Decade

Economic losses from extreme weather events have risen from an annual global average of about $50 billion in the 1980s to close to $200 billion over the last decade, according to the report released today by the World Bank. Building Resilience: Integrating Climate and Disaster Risk into Development, cites the … Read more »

Hurricane Sandy in Brooklyn, NY

How Much Does Climate Change Cost Companies?

A study to calculate the economic risk US industries face from climate change is being funded by New York City mayor Michael Bloomberg, billionaire Tom Steyer and George W. Bush-era Treasury secretary Henry Paulson, Bloomberg Markets Magazine reports. The three men will also co-chair the study, which will look at … Read more »