Public Square bakery up for sale amid slow business climate - NNY360
Public Square bakery up for sale amid slow business climate | Business | nny360.com
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WATERTOWN — For the past 11 years, the owner of Europe Cakes has carefully created wedding cakes for patrons’ special day, Christmas cookies at the holidays and muffins and pastries all year round.
But Monica Atanasova has put the business on Public Square up for sale after she was offered and accepted a job with the culinary program at BOCES.
All sorts of desserts fill up the display case Friday at Europe Cakes on Public Square in Watertown. Zachary Canaperi/Watertown Daily Times
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Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”