The Risky Business Project Report: a Business Perspective on Global Warming

Jul 4th, 2014 | By | Category: Climate Change

The Risky Business Project, headed by the prominent businessmen Michael Bloomberg, Henry Paulson, Jr., and Thomas Steyer, working with a multidisciplinary team of experts, recently issued the report “RISKY BUSINESS: The Economic Risks of Climate Change in the United States.” The report describes historical patterns of changes brought about by global warming in the U. S., and projects future changes up to the year 2100 based on risk analysis as used in the business world.

The report projects that, especially if emission of greenhouse gases co

Risks arising from global warming can be diagrammed as a shift in the likelihood of an event occurring, such as to the “right” in this graphic.

Risks arising from global warming can be diagrammed as a shift in the likelihood of an event occurring, such as to the “right” in this graphic.

ntinues unchecked, the harms brought about by intensified global warming will have significant negative effects on U. S. socioeconomic development.  This includes agricultural yields, labor productivity, human health and mortality, incidence of violent crime, energy demand, and coastal infrastructure affected by sea level rise.

Risky Business advocates addressing global warming using the tools of risk analysis common among corporate and financial leaders.  This approach will lead to pathways easing the future effects of global warming by identifying investments in mitigation measures and adaptation strategies.

For more on this story, visit: Global Warming Blog by Henry Auer: The Risky Business Project Report: a Business Perspective on Global Warming.

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