Banks base finance decisions on Global Warming!!

Just read this interesting article about snow fields vanishing in Europe, the Banks are taking warming seriously !!

According to the president of the International Ski Federation, Gian-Franco Kasper, banks are refusing to assume the risk of financing infrastructure improvements, such as new hotels and new lifts, in European winter resorts that lie below 1,000 meters.

Banks and Bookies(beting shops) are always the shrewdest ive noticed!

So is this asta la vista to European ski holidays in the coming decades i wonder ?Link

[edit on 17-11-2006 by NumberCruncher]