28 Feb '13, 8pm

Entergy: Utilities Should Focus on Climate Change Risk Mitigation

Entergy: Utilities Should Focus on Climate Change Risk Mitigation

Entergy drew a line from Port Arthur Texas to the Florida panhandle, creating a map of the giant flood zone on the Gulf of Mexico that overlapped with the company’s operations. Then, they figured out all the upgrades the company would need to make, from building reinforcements to levies to critical upgrades to oil refineries, in order to protect the company’s assets in the event of a flood. The zone represented two trillion dollars in assets. The cost of doing nothing to protect them was a staggering $14-18 billon. As the number of severe hurricanes rises, the potential that another extreme weather event may impact the coverage area is too much of a risk to ignore, which means that whether or not the utility “believes” in climate change, it needs to prepare for its outcomes.

Full article: http://www.triplepundit.com/2013/02/climate-change-risk-m...

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