Tuesday, March 3rd-0.8°C
25405
24949

Experts back report on cost to regional economies from climate change

NEW YORK, N.Y. - Climate change will exact enormous costs on U.S. regional economies in the form of lost property, reduced industrial output and higher health expenses, according to a report backed by a trio of men with vast business experience.

The report, released Tuesday, is designed to convince businesses to factor in the cost of climate change in their long-term decisions and to push for cutting emissions that are heating the planet.

The report was commissioned the Risky Business Project, which describes itself as non-partisan and is chaired by former New York City Mayor Michael R. Bloomberg, former Treasury Secretary Henry M. Paulson, Jr. and Thomas F. Steyer, a former hedge fund manager.

Among the predictions: Between $66 billion and $106 billion in coastal property will likely be below sea level by 2050.

The Canadian Press


Read more Business News

25320


Recent Trending




Today's Market
S&P TSX15116.39-147.66
S&P CDNX703.19-1.16
DJIA18177.91-110.72
Nasdaq4969.34-38.756
S&P 5002104.01-13.38
CDN Dollar0.8019+0.0044
Gold1220.40+7.80
Oil51.59-0.55
Lumber294.40-5.10
Natural Gas2.699-0.035

 
Okanagan Companies
Pacific Safety0.135+0.015
Knighthawk0.010.00
QHR Technologies Inc1.56-0.04
Cantex0.035-0.005
Anavex Life Sciences0.180.00
Metalex Ventures0.04-0.005
Russel Metals25.23-0.31
Copper Mountain Mining1.26-0.03
Colorado Resources0.1350.00
ReliaBrand Inc0.0065-0.0015
Sunrise Resources Ltd0.045-0.005
Mission Ready Services0.215-0.01

 



25103

FEATURED Property
21375551052 Lawson Avenue
3 bedrooms 1 baths
$499,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Refinance your mortgage?

Canadian Mortgage rates are low and could be dropping down in time for the spring market following a drop in the Bank of Canada Rate on January 21 by 1/4% which will save new buyers and those with mo...


Creating your retirement vision

A vision means different things to different people. To the head of a large corporation, it’s the ability to chart a course that will deliver success (think Steve Jobs and Apple), to a shaman, i...


Are you asking the right questions?

Have you ever had this happen to you? You are in the middle of your second or third good discussion with a prospect and everything seems to be going great. The prospect seems engaged and happy to work...

_








Member of BC Press Council


24681