Climate Change, Unlimited Liability, and the End Of Capitalism

"From being a marginal and even mocked issue,” writes Richard Ingham, “climate-change litigation is fast emerging as a new frontier of law where some believe hundreds of billions of dollars are at stake.  Compensation for losses inflicted by man-made global warming would be jaw-dropping, a payout that would make tobacco and asbestos damages look like pocket money.  Imagine: a country or an individual could get redress for a drought that destroyed farmland, for floods and storms that created an army of refugees, for rising seas that wiped a small island state off the map."

Climate Change, Unlimited Liability, and the End Of Capitalism - HUMAN EVENTS