'Adapt or Bust' on Climate Change

Lloyd's of London have recently produced a report on climate change. Here's the big blow to the denialist lobby: a conservative instituion like Lloyds saying something like this.

the report's conclusions:
* We don't know exactly what impact climate change will have. But we do know that it presents society and the economy with an increasing level of uncertainty as it seeks to manage its risk.
* We believe that it is time for the insurance industry to take a more leading role in understanding and managing the impact of climate change.
* This means that the industry can no longer treat climate change as some peripheral workstream, simply to tick the regulatory and compliance box, or to support its public relations strategy.
* Instead, understanding and responding to it must become "business as usual" for insurers and those they work with. Failure to take climate change into account will put companies at risk from future legal actions from their own shareholders, their investors and clients.

WorldChanging: Another World Is Here: Lloyds of London: 'Adapt or Bust' on Climate Change: Filed in: insurance, climate_change, Lloyds