OVERVIEW
Climate Change
Climate Change
Climate change is underway and if we do not respond properly
it could have a dramatic and negative impact on the world and
its economy.
- The earth is warming and man's emissions of greenhouse gases, particularly carbon dioxide, is almost certainly responsible
- Continuing to allow the world economy to develop in a carbon intensive way is unsustainable
- With substantial and concerted international effort and strategic investment by governments and companies, growth in emissions can be slowed and eventually reversed
- Increased use of renewable energy and nuclear power will help; but the real challenge is to reduce emissions whilst continuing to use the increasing quantities of oil, gas and coal necessary for economic prosperity
- All sectors of the economy are affected and will need to adapt creatively and quickly by changing methods of operation and developing technologies which reduce carbon usage and waste
- Shareholders and other stakeholders need and want to understand how companies and public bodies intend to protect their operations and enhance their assets during this time of change
- Extensive education is finally underway but much more is needed if the necessary scale of investment is to be given public and corporate approval.