Wednesday, January 20, 2021
GMO test
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
GMO test
No Result
View All Result
Home Uncategorized

Global Economies Feeling the Heat from Climate Change (WEF Summaries)

by Richard Matthews
January 27, 2015
in Uncategorized
0

Economic assessments of climate risks and the potential returns from mitigation and adaptation emerged as salient themes at the World Economic Forum (WEF) in Davos, Switzerland.

A number of speakers made the point that it is important to calculate the massive risks associated with climate change. We are already seeing that climate change is systemically disrupting the global economy and the situation is destined to get far worse if we do not significantly reduce global carbon emissions.

As explained by several economists, we do not have to make the false choice between combating climate change and growth. We can both grow our economy and act on climate change.

The climate economist Lord Nicholas Stern, delivered a powerful presentation at Davos. His speech was rendered in a language that the business community and investors can understand. Stern makes the point that addressing climate change affords room for “better” growth. He explained the hidden cost of burning fossil fuels and extolled the virtues of renewable energy.

Although the price of oil is currently very low, we have seen tremendous volatility in the market valuation of fossil fuels. Against the backdrop of this volatility the cost of renewables has been steadily decreasing.

“Very serious economic analyses have shown that we have alternative energy sources and
that at a relatively modest cost – about 1 or 2% of global GDP – we could take measures to decrease the risk [of climate change] very significantly,” said Nobel Prize winning Professor Mario J. Molina at the WEF.

The economics of climate change mitigation is not only about decreasing the risks it is also about generating a very major for each dollar invested. As Jim Yong Kim pointed out, in the next decade, the potential return on aggressive investments inefficiency and clean transport alone could amount to US$ 1.8 – 2.6 trillion.

Related
WEF Summaries: Climate Change
Towards a Global Climate Agreement at COP21 (WEF Summaries)
Business Leadership on Climate Change (WEF Summaries)
Curbing Fossil Fuels – Carbon Pricing and an End to Subsidies (WEF Summaries)
The Value of Investing in Climate Mitigation (WEF Summaries)
Collaboration and Cooperation are Imperitive (WEF Summaries)
What is The World Economic Forum (WEF)
Risks Associated with Environment, Climate, Water Crisis and Extreme Weather in the WEF Report

ShareTweetShare
Previous Post

Infographic – Global Energy Efficiency Rankings (ACEEE)

Next Post

Anthropogenic Climate Change Moving Us Closer to Doomsday

Related Posts

Unprecedented Wildfires in 2020 are Connected to Climate Change

by Richard Matthews
December 29, 2020
0

The intense wildfires that raged across the Western U.S., South America, and Australia in 2020 are being attributed to climate change. What makes these fires unprecedented is their size and...

American Courts are Defending Democracy and the Environment

by Richard Matthews
December 14, 2020
0

Despite unprecedented challenges, America's legal system has held. In recent weeks the courts have repeatedly defended democracy and in the last four years they have overturned a wide range of environmental...

Boycott Culture and Brand Influence During Trump’s Presidency and Beyond

by Richard Matthews
December 8, 2020
0

Brands wield enormous influence over popular culture and whether they are pursuing core social values or trying to preempt boycotts, brands are finding it harder to ignore social, environmental and political...

Next Post

Anthropogenic Climate Change Moving Us Closer to Doomsday

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

American Politics

Taking Stock of Trump’s Dismal Legacy

by Richard Matthews
January 19, 2021
0

The presidency of Donald J Trump ended as it began, with dysfunction and narcissistic self-preoccupation. Trump's presidency is a stain that...

Read more

Corporate America’s Break Up with Trump & the GOP

January 15, 2021

Climate Change is Fueling Deadly Extreme Weather and Costly Climate Disasters

January 13, 2021
protected areas and new species on the map of the world

Summary of Positive Biodiversity Stories

January 11, 2021
images of extreme weather events

Long Term Warming Trends Tell Us What We Need to Know

January 9, 2021
  • Business
  • Economy
  • Energy
  • Environment
  • Investing
  • Politics
  • Technology
  • Social Change

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • GDP
    • Jobs
    • The Green Economy
  • Energy
    • Fossil Fuels
    • Renewables
    • Solar
    • Wind
  • Environment
    • Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Climate Change
    • Food
    • Transportation
    • Health
    • Renewables
  • Social Change
    • Education
    • Activism
    • Psychology
    • Marches

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In