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18: The S&P 500's Climate Risk
Just a few months ago, shares of PG&E, the California utility, were trading near $50 share. That was before the company's power lines were blamed for California's devastating forest fires. This week the company filed for bankruptcy. It's a clear example of how climate change has imperiled companies and investors.\n\nIn this episode of The Readback, Alex Eule is rejoined by Barron's senior writer Leslie Norton who has just finished a major project ranking how big companies are exposed to climate risk.\n\nThe Readback is a weekly, financial podcast from Barron's. Hosted by Alex Eule and produced by Mette L\xfctzh\xf8ft. \nLearn more about your ad choices. Visit megaphone.fm/adchoices