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The biggest players in finance are factoring a new type of risk into their decisions — and it’s long overdue

French President Emmanuel Macron welcomes Special envoy to the United Nations for climate change Michael Bloomberg as he arrives for a lunch at the Elysee Palace as part of the One Planet Summit in Paris, France, December 12, 2017. REUTERS/Philippe Wojazer Over 200 firms have pledged to regularly disclose the risk climate change poses to their business and implement climate-friendly initiatives as part of the Task Force on Climate-Related Financial Disclosures, a group led by Michael Bloomberg a ...

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Kids around the world are suing their governments for ruining the planet

What’s the point of inheriting the Earth if it’s only going to burn (or drown)? Kids around the world are asking governments this question and demanding answers in court. For example, on Dec. 11, Juliana v. US pitted the president and American lawmakers against the very children whose future they so often invoke when seeking votes. The kids argued that the government’s negligence in caring for the planet impedes on their rights, and it must remedy this by adopting policies th ...