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CSP-2-GK-2019-->View question

A changing climate, and the eventual efforts of governments (however reluctant) to deal with it, mold have a big impact on investors' returns. Companies that produce or use large ammo,. of 1.0.4 fuels will face higher taxes and regulatory burdens. Some energy producers may find it impoasible to exploit their known remrves, and be left with .stranded assets' — deposim of oil and coal that have to he left in the ground. Other industries could be affected by the economic damage caused by more extreme weather — dorms, floods, heat waves and droughts.

On the basis of the above passage, the following assumptions have been made : 
1. Governments and companies need to be adequately prepared to face the climate 
2.Extreme weather events will reduce the economic growth of governments and companies in future. 
3. Ignoring climate change is a huge risk for investors. 
Which of the above assumptions is/are valid ? 
(a) I and 2 only (b) 3 only (c)1 and 3 only (d) 1.2 and 3  

Asked On2019-07-10 13:32:03 by:Gaganpreet-Gandhi

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