"Investor Summit on Climate Risk" at UN HQ today

Details here.

From a related press release here:

"The Summit's agenda seems to be a one-sided view of climate change science and economics," said Steve Milloy of AFM. "Missing from the agenda is the dreadful experience of European countries trying and failing to implement the Kyoto Protocol and a discussion of the economic harm that could be caused by the Lieberman-Warner climate change legislation under consideration in the Senate," Milloy noted.

"We believe many companies are failing to do adequate due diligence on climate change profiteering schemes," said Borelli. "We're concerned about what may happen when the global warming bubble they're creating bursts like the subprime bubble," Borelli added.

"Moreover, since state treasurers have a fiduciary responsibility to manage the state's pension funds on sound economic principles without regard to political considerations, it's somewhat frightening to think that pension fund investments could be influenced by the information presented at the Climate Change Summit," added Milloy.