Global warming – Primal Group

Government Legislation in the Age of Impending Climate Change

A report released by the UN Intergovernmental Panel on Climate Change (IPCC) states that humanity has just 12 years to reverse the effects of climate change and keep the global temperature rise to a maximum of 1.5° C (2.7° F). The IPCC report finds that it would take an effort greater than the one that we are currently seeing in order to halt global warming. This is a very real reminder of the immediate need for action by governments across the globe. This imminent peril for our planet will become a significant driver for legislation in the coming years in order to force businesses to transit towards sustainable practices.…

The Financial Impact of Ecological Debt

Calculating the financial cost of climate change is no easy endeavor. While the impacts of rising temperatures on the foundations of the global economy are well documented, the financial implications remain to be fully understood.

The United Nations Intergovernmental Panel on Climate Change has calculated that helping nations cope with climate impacts will cost the world half a trillion dollars annually by 2050. According to the London School of Economics, climate change is expected to cut the value of the world’s financial assets by $24 trillion by 2050 in the worst-case scenario. The best-case scenario, if efforts are successfully made to build a greener economy, will lead to the loss of only $2.5 trillion.…

Don’t Turn Up the Air Conditioning

More than the global debt levels, free trade and immigration, the threat of multi century droughts, rising sea levels and biodiversity’s sixth extinction should be top of the agenda for the world’s leaders. Yet even after four record-breaking debates for the US Presidential election with hundreds of millions of people watching from around the world, there was no mention of an issue that will reverberate for millennia – climate change.

Source: Grist Organization, 2016

Not only will the impact of climate change be seen in our own lifetime, but also for the next 100,000 years. Global warming over the 21^st Century will produce a climate not previously experienced by human civilizations.…