Steyer group forecasts rising tide of natural, economic misery in Calif.

摘要

California faces extreme heat, repeated droughts, wildfires and sea-level rise that could submerge $10 billion in property by 2050 because of climate change impacts, a report from billionaire environmentalist Tom Steyer's Risky Business Project said yesterday. Steyer, along with former New York City Mayor Michael Bloomberg (I) and past Treasury Secretary Henry Paulson, issued the 65-page analysis on California as the third in a series of studies calculating the costs of inaction on climate.