Feds, Cos. Should Prepare For Climate Risk: Experts

Law360, New York (February 20, 2009, 12:00 AM EST) -- To date, most of the talk on climate change has involved how to reduce greenhouse gas emissions. But governments and businesses, especially those in the insurance industry, will also need to evaluate new risks and prepare for the consequences of a warmer planet, experts say.

According to the United Nations' Intergovernmental Panel on Climate Change, world temperatures are expected to increase by 1.8°C to 6.4°C over this century, causing sea levels to rise up to 59 cm. There will also likely be more heat waves, storms,...
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