"Climate change can have major impacts on business (and business can have major impacts on climate change). Risk management is a valuable way of framing climate change issues and for grappling with the possible consequences of climate change. The key players involved in managing the risks...

Greenhouse gas policies confront the trade-off between the costs of reducing emissions and the benefits of avoided climate change. The risk of uncertain and potentially irreversible catastrophes is an important issue related to the latter, and one that has not yet been well incorporated into...