Mayor Bloomberg’s Risky Business initiative will find out how much global warming hurts the national economy

Mayor Bloomberg’s Risky Business initiative will find out how much global warming hurts the national economy

The  devastating effects of Hurricane Sandy on New York City and its surrounding areas appear to have made a lasting impression on Mayor Michael Bloomberg. He  created a $20 billion plan to prepare his city for future extreme weather events, and now he thinks that the entire nation needs a similar plan. In an op-ed piece  published in The Washington Post , Bloomberg  introduced Risky Business — a non-partisan initiative that will look at the entire US economy and evaluate the risks posed by climate change and extreme weather stemming from it. Bloomberg is a co-chair of the program alongside Hank Paulson (former chairman of Goldman Sachs and Treasury secretary in the George W

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Mayor Bloomberg’s Risky Business initiative will find out how much global warming hurts the national economy

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