Catchy name means, perhaps, we first think of teenaged Tom Cruise playing the air guitar, until we realize it (the organization whose name is Risky Business) is about something serious. Catchy idea means serious (respected) businessmen funding research on a serious (not respected enough, if you consider the volume of deniers out there) looming crisis:
The U.S. economy faces significant risks from unabated climate change. Every year of inaction serves to broaden and deepen those risks. Founded by co-chairs Michael R. Bloomberg, Henry Paulson, and Tom Steyer, the Risky Business Project examines the economic risks presented by climate change and opportunities to reduce them.
This came to our attention through a story in today’s New York Times, and a companion article from the upcoming edition of that paper’s magazine. And as we read through their website, we are impressed.
In October 2013, NYC Mayor Michael Bloomberg, former U.S. Secretary of the Treasury Hank Paulson, and business leader and philanthropist Tom Steyer, founded a new initiative to assess and publicize the economic risks to the U.S. associated with climate change. The project grew out of concerns by the Co-Chairs that the U.S. was not developing sound risk assessments to respond to the impacts of a changing climate. In their development of this initiative, the three founders recruited additional members to forge the Project’s Risk Committee, a group of dedicated individuals concerned about the economic future of America under the threat of global climate change.
Not so much with the people (as impressive as they are), but with the work they have committed to:
The Economic Risks of Climate Change in the United States
A Climate Risk Assessment for the United States identifies the economic risks posed by a changing climate. The U.S. will likely face the effects of human-induced climate change including rising seas and more frequent bouts of extreme heat. The report identifies striking economic impacts from climate change, from the near-term to the end of the century across all 50 U.S. states.
Check out the website.