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b'Climate change is risky business \\u2013 but how risky is it for business? With temperatures predicted to rise anywhere from one to four degrees this century, droughts, floods and extreme weather present risks that will impact American families, businesses and habitats. Rebecca Shaw of the Environmental Defense Fund sees a global attitude shift towards adaptation. One example is the wine industry. \\u201cAs climate shifts, there will be some places where wine grapes are grown today that won\\u2019t be suitable in the future,\\u201d she says. A move north may be imminent, and some growers are already doing that. But as competition for resources heats up between agribusiness, communities and wildlife, sacrifices may be in order. \\u201cWe\\u2019re really going to have to think about what we\\u2019re going to grow here,\\u201d cautions Shaw. \\u201cSome crops are going to be less viable because water will be more scarce in the future.\\u201d Later in the program, financial industry experts discuss shifts on Wall Street wrought by climate change. As Lisa Goldberg of Aperio notes, climate change awareness is nothing new. \\u201cBut in terms of its impact on economic markets, I think that it\\u2019s just really now coming to the consciousness of mainstream investors.\\u201d Recent high-profile divestments have put large-cap fossil fuel companies under Wall Street\\u2019s microscope. But is shareholder pressure an effective tool for change? \\u201cJust having that conversation publicly is a huge step,\\u201d says shareholder advocate Andrew Behar. \\u201cI think it\\u2019s a real milestone.\\u201d This program was recorded in front of a live audience at the Commonwealth Club of California on June 3, 2014. Guests - Part I: Stephen Bennett, Senior Vice President, Verisk Climate Noah Diffenbaugh, Associate Professor, School of Earth Sciences, Stanford University Rebecca Shaw, Associate Vice President and Lead Scientist, Environmental Defense Fund Guests - Part II: Andrew Behar, CEO, As You Sow Lisa Goldberg, Director of Research, Aperio Group; former Director of Research, MSCI Josh Schein, Senior Portfolio Manager, Morgan Stanley\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'