FILE PHOTO: The first subsidy-free wind farm in the world, the Hollandse Kust Zuid with 139 wind turbines is seen at sea close to Ijmuiden
MILAN - Decision makers should pursue aggressive policies to bring climate change under control if they want to avoid losses in the value of global stocks that could top 50%, think-tank EDHEC-Risk Climate Impact warned in a 74-page paper published on Wednesday.The report aims to show investors how physical climate damage, along with the costs of transition, can have a material impact on the value of stocks.
Residents living near an artificial lake in Florida noticed a manatee swimming in it. Manatees typically swim near the coast and in rivers, not lakes.