New York City Mayor Michael Bloomberg (D), former Treasury Secretary Hank Paulson, and investor Tom Steyer published an op-ed in the Washington Post on October 3, advocating for climate-change risk assessment. They said that it is important to determine how much economic risk is associated with unmitigated global warming, and that risk management systems are central to informed decision-making. The trio is funding the study Risky Business, to be published in late 2014, that examines climate change’s financial risks.
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