Climate risks are bearing down on American utilities, especially in California. Rain may help, says Barclays

Climate risks are bearing down on American utilities, especially in California. Rain may help, says Barclays
·3 min read

This year alone the economic toll of extreme weather already directly hit 15%-20% of U.S. investment-grade utilities and half of utilities in the 'junk' or high-yield category, according to Barclays.

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