Where is that Jim H. ? We need a moral panic check
Charles
^^^^^^
Bush Faces Wall Street Pressure on Global Warming (Update1)
By Kim Chipman
Sept. 28 (Bloomberg) -- The deadliest U.S. hurricane season in more than a century has some Wall Street investors sounding like members of the Sierra Club.
Firms including Goldman Sachs Group Inc. and JPMorgan Chase & Co. are telling U.S. clients for the first time that climate change poses financial risks. With damage estimates for Hurricanes Katrina and Rita as high as $200 billion, an increasing number of investors are joining public pension funds in urging action on global warming, which scientists say may be making storms more powerful.