Carbon Chronicles: Climate Change Becomes a Business Reality

Time exposure of smokestacks at the La Cygne Generating Station coal-fired power plant in Kansas. Photograph by Charlie Riedel/AP Photo

This is the year climate change should have hit home. The first eight months are the hottest on record in the U.S., and Arctic sea ice is about to hit a record low. Extreme weather, as we’ve come to call it, has affected everything from the juiciness of the steak at Peter Luger (high corn prices mean steer are being killed before there’s sufficient fat in the marbled meat) to crime rates, as some blame the recent heist of $30 million of maple syrup in Quebec to a one-third drop in U.S. production.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.