Climate change has emerged as a hotly debated global phenomenon among both the scientific community and general public. In recent years, the United States has suffered a series of significant weather events afflicting many regions, but it is California’s prolonged drought conditions that continue to grab headlines and media attention.
In this webinar Senior Fixed Income Analyst Michael K. Korzenko, CFA discusses the widespread drought in California and its economic and financial impact.
- What has been the response to date from all levels of government?
- What are the potential economic and financial impacts to California and beyond?
- How are various macro and micro economic elements – agricultural commodities, state and local credit quality, utility performance – affected?
- What does California need to know? More importantly, what do investors need to know?