My friend Hugh Curtler, of the Daily Gadfly, has written an excellent post on the need to face up to the issues caused by global warming and highlighting “The High Costs of Ignorance.” A link to this excellent post is provided below and it is well worth the read. Hugh also attracts a good group of commenters, so I encourage you to spend some time with their reactions and his additional comments.
Last year, I wrote a post based on a survey prepared by Mercer Investment Consulting, one of the largest investment consultants in the world. This survey was from 2011 and solicited the thoughts of the Directors of the largest pension scheme trust funds in the world on the subject of the cost of climate change. This survey was conducted before Hurricane Sandy and before the many wildfires which have occurred in our country the past twenty-one months. A link to this post is below.
As the United Nations climate scientists noted last month, climate change is here and they are 95% certain it is man-influenced. We are behind in our plans to act. We must move forward in a concerted way. Good things have happened, but they are more a confederation of efforts. California leads our efforts in solar energy. Texas leads our efforts in wind energy. Yet, we need to have a concerted plan which accelerates the move toward alternative energies like these and other sources (wave, river current, water, biomass and geothermal energy, as well as conservation, a major source).
If you find yourself with someone naysaying climate change, you need only say, we need to join the rest of the world in addressing this issue. We have done some nice things here, but we need to do much, much more and in an orchestrated fashion. The cost of not doing anything is a very high cost if ignorance which will be paid as we repair damage that could have been prevented or diffused.