Companies’ Climate Risks Are Often Unknown. Here’s How One Opened Up.

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After Hurricane Harvey flooded Hewlett Packard Enterprise's largest campus, it moved manufacturing out of Texas to locations less exposed to extreme weather, and also did something few companies do: It disclosed its climate-related risks to its investors

dumped about 3 feet of rain

in 2017, Hewlett Packard Enterprise Co. ’s largest campus was heavily flooded. Its global data center was inundated, along with buildings where the tech company’s servers and data-storage gear were assembled. After the floodwaters receded, Chief Executive Antonio Neri, then the company’s newly appointed president, toured the facility where diesel generators ran machinery drying out rooms to prevent mold. Two months later, HPE announced it was moving all manufacturing operations out of the Houston area to locations less exposed to extreme weather.

HPE also did something few companies do: It disclosed what it said were climate-related risks to its investors.

 

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The ever prevalent bad design & planning that is conveniently blamed on other causes. The price will be paid, but not in the manipulated sense so desired by some.

“... it moved manufacturing out of Texas to locations less exposed to extreme weather”, such as Wisconsin.

CC requires pragmatic decisions based on current & foreseeable future reality, not on pie in the sky solutions that are many decades if not centuries, millennia or more, away from occurring.

Nice try, Wall Street Journal. Texas is going to save the United States from socialist. I'm sure Elon Musk did his research. I'm sure NASA did their research. I'm sure the military did their research. I'm sure that's why one of the three electrical grids is in Texas. Go away.

HP also got away from Texas's unwinterized energy grid.

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