The Risky Business Project has released what it's touting as the first comprehensive assessment of economic risk associated with climate change in the United States.
The U.S. is facing a serious threat, the report states, but that threat can be reduced if we act aggressively:
If we continue on our current path, many regions of the U.S. face the prospect of serious economic effects from climate change. However, if we choose a different path - if we act aggressively to both adapt to the changing climate and to mitigate future impacts by reducing carbon emissions - we can significantly recue our exposure to the worst economic risks from climate change."
The Daily Circuit looks at climate change through an economic lens, asking how businesses are assessing and addressing the issue.
Has climate change affected your economic outlook? Have you made financial decisions based on predictions for a changing climate? Leave your comments below.