Even when reporting the most extreme weather events, they very rarely mention the likelihood that these occurrences are influenced by global warming. But commercial network news and its local affiliates may tend to avoid reporting on news which could offend corporate sponsors.
The product of a bipartisan group, bringing together the former mayor of New York Michael Bloomberg, three former US Treasury Secretaries Hank Paulson, Robert Rubin and George Schultzand the billionaire investor Tom Steyer, Risky Business shows the growing realisation that tackling climate change is both an economic imperative and an enormous opportunity.
The publication of the report is yet another indication that the financial community is beginning to take climate change seriously. The report came hot on the heels of a series of speeches, reports and policy initiatives that have pushed climate change back up the agenda in the US.
In early May, the National Climate Assessment set out the dangers of a changing climate that has moved from distant threat to present-day danger, with no American left unscathed. Focusing on the public health agenda, the EPA estimates the emissions reductions will avoid up to 6, premature deaths,asthma attacks in children, and nearlysick days.
Some of the headline findings: The longer we wait to address the growing risks of climate change, the more it will cost us all.
This year alone, investors have filed more than climate-related shareholder resolutions with US companies. But it is clear that investors could be doing more.
Emma has spent 25 years working in financial services, initially in corporate finance, and then in fund management, specialising in sustainable investment and corporate governance. The finance hub is funded by EY.
Former Treasury Secretary Henry Paulson, ex-New York Mayor Michael Bloomberg and Tom Steyer, a hedge-fund billionaire and major Democratic donor, are linking arms Tuesday to release a report. Jun 27, · Risky Business is a sign that this opposition is being replaced by a realization that tackling climate change is both an economic imperative and an . Feb 01, · Mr. Page is a member of the Risky Business Project, an unusual collection of business and policy leaders determined to prepare American companies for .
All content is editorially independent except for pieces labelled advertisement feature. Find out more here. Join the community of sustainability professionals and experts. Become a GSB member to get more stories like this direct to your inbox Topics.Dramatically expanding the use of natural gas to generate electricity creates numerous and complex risks for our economy, our health, and our climate.
A report from the Union of Concerned Scientists. The Midwest region of the U.S.
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and its industries face increasing risks associated with climate change, according to a new report released Jan. 23 by the Risky Business Project. By making CEOs see that climate change is just another form of risk—albeit one that’s potentially on a scale larger than any we’ve faced before—the Risky Business initiative will hopefully.
'Risky Business': Latest Climate Change Report Paints Dire Picture The economy faces great risks from climate change, according to a study by a bipartisan group of former business leaders and.
The global financial crisis, brewing for a while, really started to show its effects in the middle of and into Around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems.
Titled Risky Business: The Economic Risks of Climate Change in the United States, the nonpartisan report is an effort by three financial heavyweights—Michael Bloomberg, Henry Paulson, and Thomas.