ABSTRACT
The entertainment field and mass media have produced multiple movies and books that have painted wide-ranging scenarios regarding climate change and climate risk. Proponents of the opportunity-based approach believe that it will motivate corporate action as well as reduce business opposition to material climate change policy. This is not to argue that companies are ignoring climate change; more and more companies are explicitly seeking to address climate change through a variety of corporate programs, most prominently through sustainability and corporate social responsibility strategies. Global economic disruptions, however, tend to make it harder to trip the CRTP because the focus on near-term costs and benefits intensifies. There is considerable uncertainty about the timing of these outcomes, but it is hard to argue based on current science that these outcomes are not possible within timeframes relevant to business planning, particularly with respect to long-term infrastructure and other investments.
