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Right now it works like this: suppose New York wants to build a seawall around Manhattan. Their government essentially takes out a loan by selling bonds the interest costs them money but the government has decided the benefits exceed the costs. My retirement fund will invest in New Yorks bonds if it believes New York will survive and pay the interest (called dividends). Your example of investing in a seawall around Manhattan and then not seeing any payoff (But at least Manhattan isnt underwater) doesnt seem to be a good example of the type of adaptation which the Inside Climate News piece talks about, in which the payoffs exceed the costs. Right now it works like this: suppose New York wants to build a seawall around Manhattan. Their government essentially takes out a loan by selling bonds the interest costs them money but the government has decided the benefits exceed the costs. My retirement fund will invest in New Yorks bonds if it believes New York will survive and pay the interest (called dividends). article source.greek poker news of Bangladesh
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| First Name, Last Name: | Mitchel Altman | |
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| Tropical zodiac: | Leo | |
| Company: | Jacobs | |
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