The Pros And Cons Of Climate Change

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Recommended: Economic perspective on climate change

Climate change brings a lot of natural disasters around the world, and it’s accompanied with significant financial losses for governments, as well as for companies that are operating in the affected regions. The financial losses influence the ratings of the companies and countries, according to the international rating agencies, and this makes borrowing more expensive. This is the main idea of the article summarized under the title “Climate Change Could Make Borrowing More Expensive.” The rating agencies are making predictions and thus warn the territories under the risk about the possible downgrades and climate risks. The U.S. is among the countries suffering from significant losses due to the climate change effects, and the estimated

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