Wake Up, Rich People: The Wealthy Will Lose Money Betting Against Global WarmingQuicklink submitted by Joan Brunwasser Permalink
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|It’s inevitable that billion dollar businesses will, if they haven’t already,encounter vast losses of income given the range of investments affected by climate impacts in agriculture,fishing industries,tourism,real estate,insurance,and much more.Global warming does not discriminate between the rich and those who are struggling to make ends meet.Global warming doesn’t take bribes for favors or protection. Global warming trumps politics.There is nothing liberal or conservative about rising sea levels,floods and cruel droughts.A hurricane of global warming force has the power to flatten cities like war zones.Governors need to take a few lessons from CA’s Jerry Brown who is leading the way to building a renewable energy state. Sweden is the role model for the world, ASAP, country by country, city by city, state by state. Meanwhile, global warming waits for no one, not even the rich.|
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