business and climate change
Risky Business
Risky Business
Last week, the Institute for Energy Economics and Financial Analysis issued a report criticizing BlackRock, the world’s largest fund, for making bad bets on the fossil fuel industry that cost the firm billions of dollars. What I found significant was less the plight of Blackstone’s shareholders than the fact that the energy firms weren’t doing …
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CONTINUE READINGPrivate Flood Protection
Private flood control is no substitute for government action.
Last week, the NY Times had a story about Verizon’s new flood barrier for its Wall Street building, which is a designated landmark. On one level, it’s a pretty cool project — a portable barrier designed to keep out the water during a hundred-year storm (plus 2-feet for storm surge plus an extra foot to …
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