Seriously deranged people (or bought and paid for shills) attack the scientific consensus opinion that climate change is occurring at an ever accelerating rate as a result of greenhouse gas emissions (especially carbon dioxide). However, no one has ever accused Price Waterhouse Coopers, the second largest professional services firm in the world, of a lack of seriousness when it comes to analysing the risks of investments.
So when Price Waterhouse releases a study that suggests municipal bond rating companies are not taking into account the long term consequences of one of the effects of climate change, water scarcity, thus putting at risk the investments of municipal bond purchasers, I, for one, take note:
continued at Daily Kos....
