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January 05, 2007
2007 will be the warmest year ever
Max Oliva, Associate Director, Social Impact Management
It could not all be good news with the new born year. While GDP has had an unprecedented growth, so has the global warming phenomenon.
According to experts, a combined phenomenon of El Niño, global warming and others will just bring the highest temperatures ever. They say there is a 60% chance that the average surface temperature will match or exceed the current record from 1998.
The Stern Review on the economics of climate change states that all countries will be affected by climate change, but it is the poorest countries that will suffer earliest and most. Or is it not? According to the Financial Times, Australia is experiencing the effects of global warming more deeply than other parts of the world.
Have a look at Climate Change in depth.
Posted on 5 January 2007 in Environment, Corporate Responsibility
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Comments
Hi Max,
Yes, Australia may experience the effects more deeply than other parts of the world, but most likely the population would suffer less because they have more resources than poor countries.
Ethically speaking all companies should contribute to look for a solution to this problem, but a government framework is absolutely necessary to make this behaviour profitable in the medium run, not only when companies that behave rightly be eaten by their irresponsible competitors that can produce cheaply by contaminating more. Of course this is not sustainable, but when the consequences come, current CEOs will be enjoying their pension.
Companies know what is wrong and what is right, now it is necessary to make illegal what is wrong.
Best regards,
Antonio Sedan Murra
Posted by: Antonio Sedan Murra at January 9, 2007 04:31 AM
