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GAO to meet regulators on corporate green liability
[PlanetArk]: The investigative arm of Congress will meet with the securities regulators next week to discuss whether companies, particularly energy companies, adequately disclose environmental risks, a General Accounting Office spokesman said…. Munich Re (MUVGn.DE), the German reinsurance company, estimates that global warming could cost $300 billion annually by 2050.
They say the pen is mightier than the sword. It may be that the actuarial table is mightier than the political ideology.