Climate change will cost companies $1 trillion. It also means huge opportunities

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

United States News News

United States United States Latest News,United States United States Headlines

Climate change is likely to cost the world's largest public companies nearly $1 trillion over the next five years. But the opportunities for new products and services to reduce environmental damage could be worth much more.

A survey published Tuesday by the charity CDP suggest that growing demand for low-emission products and shifts in consumer preferences could generate over $2 trillion for leading businesses. CDP, which was formerly called the Carbon Disclosure Project, said that nearly 7,000 companies including Microsoft , Apple , JP Morgan Chase and Visa responded to its 2018 survey.

Global sea levels could rise 2 meters by 2100, study finds 02:57Financial services companies reported the largest costs and opportunities, a trend that Bartlett attributed to increased awareness caused by scrutiny from regulators and stakeholders."The potential gaps in awareness and disclosure elsewhere in the economy present real risks," she said."Regulators and investors should take note, and all companies from all industries need to step up.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fake news. MAGA

Much depends on the outcome of what's left of the world and who survives. Nature rules planet not money,respect p/E,everything remains.

Climate change isn't real and has already cost us billions of dollars ! Left wing propaganda , thank God for Trump !

How will it cost them trillions? That article is just a cluster of generalities, vague predictions and gobeledeeoogook.

Does money even care? 😒

Trump won stop complaining

CNN

There are $trillions to be made with new technology and infrastructure that will improve the climate. It'll be a new industrial revolution affecting everything we own.

barf.

CNN's new Hoax !

So people complain that Mexican products might go up 5% but in turn it's okay for everything else to go up to pay for the climate change hoax. Laughable....

Climate hoax

Climate change =manufactured crisis. CO2=less than 1% of our atmosphere. Rediculos to even worry about. Don't believe this BS

Fake news for dummies.

Sounds like CNN is really colluding with +447730751925...

Oh...god.

They keep saying this. Here's an article from 1989 saying the same.

We must as a species have a vision and a purpose before change is possible and implemented. I keep saying, what good is your money on a dead or dying planet. We are almost destined to miss that window of opportunity because we are so short cited and greedy human beings. Unite now

The real... 'Clock and Dagger' is in the shape of an apple...

Lie

So you're saying the climate will be sticking it to millionaires and billionaires? Isn't that exactly what you're after?

Definitely a Disney kid... Wow... 'Cloak and Dagger'? Could you plz help me out here? And what is the point of doing any of this...?

The Ecomentalist Cult is the new Catholic Church with Hollyweird as its Propaganda-in-chief and Wall Street Titans frothing at the chance to fleece the Ecotards with complex derivatives.

Guess that’s why republicans are hard at work with wealth transfers to corporations

Bah!

cnn ur biggest worry should be staying out of bankruptcy court....

Good luck with that... No wonder you'll always be a really big disappointment and embarrassment...

Bullsht! Here’s why—v

Go back to glass. Plastic needs to go away or reduced. Grocery stores alone need to stop using plastic bags. Even the “organic” ones still use plastic

When can we expect the Jessie Smollet update

Cobalt and Lithium mining, and disposal is more damaging to the environment than strip mining coal EVER was, but because lying greedy shits like Elon Musk say its the future all the idiots line up like lemmings to murder children by the thousands and destroy our planet.

Oh look, fakenews media can’t run on massive protest over Trump in the UK.

*

So is this fake news too?

Allegedly, “Son of Sam” serial killer David Richard Berkowitz’s neighbor’s dog talked to him. William Barr’s clothing sends messages to liberals. Is there really that much difference? TuesdayThoughts

WAKE UP YOU CLIMATE CHANGE DENIERS!

EXACTLY! WTF is wrong with people suddenly profit seeking corrupt corporations are perfectly acceptable if they call themselves a green energy corporation? ALL corporations exists for one purpose to separate morons from their money. Green Energy is just as corrupt as Big Oil.

Other than the Trump/Russian Collusion hoax, the global warming hoax is probably the biggest lie ever imposed on the people of the planet.

Any mega-monkey-scare can be dumped on the back of climate change &/or Stress with no onus on such a doomsday pundit to be held accountable if his doomsday prophecy goes wrong😁😁

this is them on climate change.

“Is likely to cost” based on some survey given to a couple hundred firms and not scientists.

Fear mongering!!😝

Yes please!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States United States Latest News, United States United States Headlines