A financial services firm has published a report forecasting far-reaching and "dire" impacts from the prospect of rapid climate change.
Toronto-based Sprott Asset Management recently released a report called "Investment Implications of Abrupt Climate Change," which said that there is potential for disruptions to the global economy if there is a rapid change in climate from global warming.
Increasingly, businesses are adapting to climate change. Insurance firms, for example, are reevaluating their risk from natural disasters. Investors, meanwhile, are pouring money into renewable energy, like solar, and other clean technologies.
The Sprott study compiles scientific data … Read more