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Wednesday, September 30, 2015

Bank of England's Carney warns of climate change risk, 29 September 2015, From the section Business


Watch the interview with Mark Carney and read the article at the link above.

The Bank of England governor has given a stark warning that climate change poses a huge risk to global stability.
At a gathering of leading insurers at Lloyd's of London, Mark Carney pointed out the rapid increase in weather-related catastrophes and the jump in both the physical and financial costs.
He said the challenges currently posed by climate change "pale in significance compared with what might come".
He said this generation had little incentive to avert future problems.

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