<html><head><meta http-equiv="Content-Type" content="text/html; charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(102, 102, 102);" class=""><span style="-webkit-font-kerning: none;" class="">The Wall Street Journal January 16, 2020</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(102, 102, 102);" class=""><span style="-webkit-font-kerning: none;" class=""><br class=""></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); -webkit-text-stroke-width: initial; -webkit-text-stroke-color: rgb(51, 51, 51);" class=""><span style="font-kerning: none" class=""><b class="">For the Economy, Climate Risks Are No Longer Theoretical</b></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(102, 102, 102); -webkit-text-stroke-width: initial; -webkit-text-stroke-color: rgb(102, 102, 102);" class=""><span style="font-kerning: none" class="">Climate crises, like financial crises, will be damaging, unpredictable and almost impossible to avoid</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(102, 102, 102); -webkit-text-stroke-width: initial; -webkit-text-stroke-color: rgb(102, 102, 102);" class=""><span style="font-kerning: none" class=""><br class=""></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 0, 238); -webkit-text-stroke-width: initial; -webkit-text-stroke-color: rgb(0, 0, 238);" class=""><span style="font-stretch: normal; line-height: normal; -webkit-font-kerning: none; color: rgb(102, 102, 102); -webkit-text-stroke-color: rgb(102, 102, 102);" class=""><<<a href="https://www.wsj.com/articles/for-the-economy-climate-risks-are-no-longer-theoretical-11579174209" class=""><span style="font-stretch: normal; line-height: normal; -webkit-font-kerning: none; color: rgb(0, 0, 238); -webkit-text-stroke-color: rgb(0, 0, 238);" class="">https://www.wsj.com/articles/for-the-economy-climate-risks-are-no-longer-theoretical-11579174209</span></a>>></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 0, 238); -webkit-text-stroke-width: initial; -webkit-text-stroke-color: rgb(0, 0, 238);" class=""><span style="font-stretch: normal; line-height: normal; -webkit-font-kerning: none; color: rgb(102, 102, 102); -webkit-text-stroke-color: rgb(102, 102, 102);" class=""><br class=""></span></div><div class="">
<div style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div style="color: rgb(0, 0, 0); font-family: Verdana; font-size: 14px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px;">========================================================<br class="">“… the serious meaning in a concept lies in the difference it will make to someone if it is true.”<br class=""><br class="">William James (1842 –1910)<br class="">Pragmatism. Meridian Books, 1955</div></div>
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