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State Tells Investors That Climate Change May Hurt Its Finances

2013-03-27 03:39:51| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: In the wake of Hurricane Sandy, the administration of Gov. Andrew M. Cuomo has started to caution investors that climate change poses a long-term risk to the states finances. The warning, which is now appearing in the states bond offerings, comes as Mr. Cuomo, a Democrat, continues to urge that public officials come to grips with the frequency of extreme weather and to declare that climate change is a reality. A spokesman for Mr. Cuomo said he believed New York was the first state to caution...

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