Climate change could burn a hole in the government's finances, GAO says

Washington Post: As climate change leads to more frequent and destructive natural disasters and threatens crop yields, bridges and other infrastructure, the federal government faces big financial risks that it is poorly positioned to address, auditors said Thursday. These risks, along with the threat of gaps in critical weather forecasting satellites that could last years, topped a biennial list released Thursday of federal programs at high risk of waste, fraud, abuse or financial loss. "The federal government...

URL: http://www.washingtonpost.com/politics/climate-change-could-burn-a-hole-in-the-governments-finances-gao-says/2013/02/14/d77eb5ce-76e3-11e2-aa12-e6cf1d31106b_story.html