Bloomberg (July 29)
2014/ 07/ 30 by jd in Global News
We need to treat climate change like fire. “You insure your house against fire not because you are certain it will burn down but to guard against the risk that it might. Yes, climate change involves various costs known with reasonable confidence—but it also creates big risks. It’s only rational to insure against them.
Tags: Climate change, Confidence, Costs, Fire, Insurance, Rational, Risk
