Climate Change: Business Can Pay Now Or Pay More Later


Authors
Beth Ann Bovino, Michael Wilkins, Miroslav Petkov and Others

Research Organisation
Standard & Poor's

Report Date
Sept. 24, 2014

Document summary

The scientific consensus on global climate change is now essentially unanimous: It’s clearly occurring, and humans are producing increasingly large quantities of the greenhouse gases that contribute to global warming. Less clear, however, are the potential economic consequences, regardless of whether we try to mitigate or reverse what has already happened, or simply deal with the results down the road. This issue of Credit Week explores climate change, related changes in regulation in the US and the implications for businesses and reinsurers.
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