Shares in Pacific Gas & Electric took a beating this week as investors reacted to its potential financial exposure to wildfires in California. It is risk the company has openly identified, but investors seemed caught by surprise. The episode could mark the end of investor complacency about climate risk.   Earlier this week, the big […]

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Here’s a brief update to my post on climate risk:  Today’s New York Times reports on the disappearance of climate change from the US policy agenda.  Abandoned by President Obama and scorned by Republicans, climate-change policy is dormant in the US, even while other nations take patient steps to control carbon emissions.  The Times piece […]

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