What Wall Street Really Means When It Talks About “Climate Risk”
In Kim Stanley Robinson’s recent climate change novel, New York 2140, New York City has been devastated by rising seas: The Atlantic Ocean has inundated Brooklyn and Queens, and lower Manhattan now lies in the shallows at high tide. Downtown real estate has become physically unstable and economically volatile. But as new construction technologies stabilize some structures, residents priced out of the dry quarters uptown are moving back to the soggy old neighborhood. A hedge-fund manager named Franklin... Читать дальше...