Thursday, December 15, 2016

"the pressure to cut emissions and respond to a changing climate are going to alter what we do and don’t see as valuable"

"If we can’t burn oil, it’s not worth very much. If we can’t defend coastal real estate from rising seas (or even insure it, for that matter), it’s not worth very much. If the industrial process a company owns exposes them to future climate litigation, it’s not worth very much. The value of those assets is going to plummet"