McKinsey climate study a warning to asset owners: author

A recent McKinsey report on climate risks noted that last year the world consumed more than 25,000 terawatt hours of electricity, of which 16 per cent came from hydropower. Hydroelectric stations may generally escape many of the hazards posed by climate change in future, the report noted. Pictured is the Romaine 1 plant in Quebec, 2016.

New research from the McKinsey Global Institute on the risks of climate hazards on global infrastructure should serve as a wakeup call to owners and investors no matter what their asset and where they live, says a Canadian partner with the firm. In the report, titled Will Infrastructure Bend or Break Under Climate Stress?, the … Continue reading McKinsey climate study a warning to asset owners: author

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