Monday, 19 April 2010

ECONUNDRUMS 


YOUR ENVIRONMENTAL DILEMMAS SOLVED



Which Companies Are Cashing In On Global Warming?


The Climate Desk launches today! What is it? Seven news organizations—

Wired, Mother Jones, Grist, the Center for Investigative Reporting, The Atlantic

and PBS' Need to Know—teaming up to explore the impacts of our warming world. 

First up is a story by journalist Clive Thompson on the business of global warming: 

While politicians continue to spar over whether or not humans are to blame for rising temperatures and 

sea levels, 

companies have already accepted climate change as fact. And now they've moved on to figuring out 

how best to adapt:

If a firm's bottom line is going to be affected by a changing climate—say, when its supply chains dry up 
because of drought, or its real estate gets swamped by sea-level rise—then it doesn't particularly matter
 whether or not the executives want to believe in climate change. Railing at scientists for massaging
 tree-ring statistics won't stop the globe from warming if the globe is actually, you know, warming.

But for some companies, climate change is actually good news. One example: Beluga Shipping, a 

German firm that specializes in transporting extremely heavy objects, like propeller blades for wind

 turbines. To find out why Beluga will almost certainly make more money when the world heats up, 

read the rest of this piece. And don't forget to follow @TheClimateDesk on Twitter. [READ MORE]