A narrower range of possibilities could help business leaders make better decisions, such as where to source key agricultural ingredients and locate long-term investments
Assessing the likely impact of climate change has grown as a concern for big companies making strategic decisions about future capital allocation and strategy. But the challenge of forecasting temperatures far out has made such assessments tough.
In recent months, estimates among climate scientists of how temperatures are likely to rise over the course of the century have narrowed somewhat. The most catastrophic predicted warming looks less likely, but milder impacts also are looking less probable. The current broad consensus...
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