So if you’re a hard-nosed businessman, do you say climate change is bunk?

The calculations go along two lines, depending on the industry: Corporations are either mitigating risk associated with climate changes or seeking out business opportunities in fields such as clean energy.

Faced with a higher frequency of storms, and more severe ones, insurance companies are re-examining their exposure to risk and, in some cases, cutting off policies.

But there’s an upside, too: Investors are flocking to so-called clean, or green, technologies that cut down on greenhouse gas emissions, notably carbon dioxide.

Smart money eyes climate change By Martin LaMonica, CNET News.com, Published on ZDNet News: July 10, 2006, 4:00 AM PT

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