4min chapter

VoxTalks Economics cover image

S5 Ep46: How does climate change affect asset prices?

VoxTalks Economics

CHAPTER

Adaptive Measures Are Key for Municipalities

V-RAL Acharya: Some regions, some municipalities are already suffering quite severe effects from heat stress. He says mitigation is not as easy as it is for corporations because they simply can't change their location or shift workers around to less exposed regions. The move of some states such as California to label the heat waves could actually be a step forward according to V-RAL.

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