Grist: Standard & Poor`s (S&P) Ratings Services has found yet another way that fossil fuel burning by rich countries is going to screw over poor ones - by making it harder for them to borrow money.
S&P analysts identified climate change as one of two "global mega-trends" that will shape countries` economic risks in the years to come (aging populations is the other trend). In a new report, the analysts said climate change would hurt nations` creditworthiness, with poor countries the worst affected.
The...