Tuesday, October 31, 2006
Climate change bad for business...
...so the suits are getting worried. The Stern review calls for a new global deal to curb carbon emissions. Funny but as long as global warming was a problem only for anoraks nobody was concerned. With 4x4's all the fashion and cheap flights for all who would care about rising sea levels in Bangladesh or drought in Africa? We are so used to the idea that climate change is going to happen sometime in the future when our children will have to pick up the tab that we fail to realise this is happening right now. This year wheat harvests failed because of drought and prices are expected to rise as a result. So stock up on pasta if you are a hamster. Even the humble global kiwi is guilty of emitting too much carbon on its way to our supermarket shelves. With a possible global economic downturn of 5% to 20% if we do nothing the economic case is now in line with the ecological imperative. So what's stopping us? Maybe we could make a start by flying less.
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