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Bloomberg, Steyer: Think CA drought is bad? That’s just a preview

The Honorable Henry M. Paulson, Jr.

(original source Greenbiz)

“The day after California officials measured an alarming new low in the snow pack that feeds California’s water supply and its governor ordered the first ever water restrictions, a group of high profile business leaders warned of nationwide economic risk that could ripple from climate change impacts on even just this one state.

Former New York City Mayor and media mogal Michael Bloomberg, former U.S. Treasury Secretary Henry Paulson and financier Thomas Steyer cast their analysis of economic risks tied to climate in California as both a harbinger of challenges to come elsewhere and a recognition of this state’s huge role in the nation’s economy.”

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