Three Men Bet Big on a Climate Change-Proof Ski Resort

  • $1.5 billion plan to remake the Balsams in the White Moutains
  • The strategy: ‘I’m going to be the only game in town’
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Ski-resort executives tend to hate climate change, for obvious reasons. Then there’s Les Otten.

It’s not that he’s a fan, just that he’s looking to turn the global-warming equation on its head. How so? By carving out slopes in a remote spot in northern New Hampshire that’s frigid enough to out-snowpack rivals. While lower-elevation areas wilt, the lifts on higher ground will keep on humming.