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“The new normal of climate change–from increases in flooding & hurricanes to intense wildfires–is already costing companies $$. But a new study suggests they’re underestimating future climate risk to their biz, & vastly underreporting the financial implications to investors.”15/x
The writing is on the wall: the old, fossil-fuel economy is dying. Even the oil industry knows this. It's just a matter of time. And time is crucial. Companies that jump on and drive the new economy will be the ones with the competitive advantage. 16/x
Because Amazon operates at such massive scale, and has a culture of tackling tough problems, imagine the possibilities if it decided to take bold leadership on climate change. And we need bold leadership. Everywhere. Now. 17/17
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