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Henry Paulson
The economic climate [Editorial]
The economic climate [Editorial]

For too long and by too many, confronting climate change has been seen through the prism of economic sacrifice. Reducing greenhouse gases is viewed as a burden to growth and employment opportunity, the cause of global warming a fixation of left-wing environmentalists and against the interest of business, big or small. But in reality, the exact reverse is true. Unchecked climate change would be a disaster for the U.S. economy, a point a bipartisan report released Tuesday, "Risky Business: The Economic Risks of Climate Change in the United States," makes clear. Property losses from rising sea levels and worsening storms alone could run in the billions of dollars by 2030 in coastal...