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Report: Climate change affecting corporate bottom lines

2014-05-16 06:15:00| Climate Ark Climate Change & Global Warming Newsfeed

Al Jazeera: Climate change isnt just causing the ice caps to melt, its costing corporations big bucks and forcing some to factor its likely impact into their long-term plans. A new report from the Carbon Disclosure Project (CDP) released Friday says 63 of Americas S&P 500 companies are already paying to counter the effects of climate change. The past few years of extreme drought, stronger hurricanes and severe flooding have caused immense damage to some businesses core assets, requiring millions of dollars...

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