US ski industry has limited options for adaptation

The ski industry in the United States, worth over $10 billion and vital to thirty-seven states, is being threatened by climate change due to rising snowlines, earlier spring melt, and more winter precipitation falling as rain. The industry has limited direct options for adaptation. Artificial snowmaking can be used but it is energy-intensive, water-demanding, has… Read More US ski industry has limited options for adaptation

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Climate is material investor valuation issue for Vail: Stanford

Investors should view climate exposure as a real valuation issue for Vail Resorts (MTN) and the ski industry widely that has measurable financial impact. This is because revenues are driven by the number of skier visits, which is correlated with snowfall, which is in turn affected by climate change. Also, to a lesser extent, reduced… Read More Climate is material investor valuation issue for Vail: Stanford