{"id":727,"date":"2019-02-03T12:19:05","date_gmt":"2019-02-03T11:19:05","guid":{"rendered":"https:\/\/stefan.schleicher.at\/?p=727"},"modified":"2019-02-03T12:20:44","modified_gmt":"2019-02-03T11:20:44","slug":"the-very-high-costs-of-climate-risk","status":"publish","type":"post","link":"https:\/\/stefan.schleicher.at\/index.php\/2019\/02\/03\/the-very-high-costs-of-climate-risk\/","title":{"rendered":"The Very High Costs of Climate Risk"},"content":{"rendered":"\n<p> Before the catastrophic Camp Fire destroyed Paradise, Calif., the  Pacific Gas and Electric Company was worth more than $25 billion. Now  its C.E.O. has <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/2019\/01\/14\/pge-ceo-geisha-williams-steps-down-as-it-faces-potential-liabilities.html\" target=\"_blank\">stepped down<\/a> and the company, which provides natural gas and electricity to 16 million people in California, has <a href=\"https:\/\/www.nytimes.com\/2019\/01\/29\/business\/energy-environment\/pge-file-bankruptcy.html?action=click&amp;module=inline&amp;pgtype=Homepage\">filed for bankruptcy<\/a> as it confronts billions of dollars in potential liability claims following recent wildfires.  <a href=\"https:\/\/www.nytimes.com\/2019\/01\/29\/opinion\/climate-wildfires-bankruptcy-california.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"New York Times (opens in a new tab)\">New York Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Before the catastrophic Camp Fire destroyed Paradise, Calif., the Pacific Gas and Electric Company was worth more than $25 billion. Now its C.E.O. has stepped down and the company, which provides natural gas and electricity to 16 million people in California, has filed for bankruptcy as it confronts billions of dollars in potential liability claims [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,9],"tags":[32],"class_list":["post-727","post","type-post","status-publish","format-standard","hentry","category-climate","category-energy","tag-climate-risk"],"_links":{"self":[{"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/posts\/727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/comments?post=727"}],"version-history":[{"count":2,"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/posts\/727\/revisions"}],"predecessor-version":[{"id":730,"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/posts\/727\/revisions\/730"}],"wp:attachment":[{"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/media?parent=727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/categories?post=727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/tags?post=727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}