I. Executive Summary Global warming has emerged as an important issue for investors, including state and local pension funds. Although global warming regulation appears likely to cause significant adverse impacts to the broad economy and stock market, a substantial minority of state and local pension … Continue reading Pensions in Peril: Are State Officials Risking Public Employee Retirement Benefits by Playing Global Warming Politics? by Steven J. Milloy, MHS, JD, LLM and Thomas Borelli, Ph.D.