Wednesday, April 21, 2010

Betting on Disaster Is the planet really warming up? Just ask the corporations that stand to make—or lose—billions due to "climate exposure."

Betting on Disaster
Is the planet really warming up? Just ask the corporations that stand to make—or lose—billions due to "climate exposure."
By Clive Thompson
Mon Apr. 19, 2010

Last year, Beluga Shipping discovered that there's money in global warming.

Beluga is a German firm that specializes in "super heavy lift" transport. Its vessels are equipped with massive cranes, allowing it to load and unload massive objects, like multi-ton propeller blades for wind turbines. It is an enormously expensive business, but last summer, Beluga executives hit upon an interesting way to save money: Shipping freight over a melting Arctic. Read the full article:
http://motherjones.com/environment/2010/04/climate-desk-climate-change-corporations


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