Weekend Edition: Global Warming, Africa, and BABIES

November 13, 2009 by Guest Contribution

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By W.L:

In certain villages across Africa, the population growth is doubling. Scientists from all around the world were called in to figure out the big mystery. Nothing, from food to shelter, was any different from the city where the population was either constant or decreasing. After years of research they realized that the answer was right in front of them. No one knew that the reason behind this debacle was one of them many results of Global Warming. How are these villagers affected by it more than us more developed city people? Turns out there are side effects of global warming, financial and non-financial.

Now what we are looking at is the must-do decision making TODAY.

Let’s look at your portfolios shall we: Long-term investors are advised to pay attention, global warming will have a significant impact on the financial performance of companies in your portfolio. “As climate change is widely accepted as a reality, companies that are viewed as impeding progress to reduce global emissions may damage their brands. Institutional investors from Wall Street to Silicon Valley are acting on these trends.”

The current Goldman Sachs Environmental Policy Statement states: “Goldman Sachs is very concerned by the threat to our natural environment, to humans and to the economy presented by climate change and believes that it requires the urgent attention of and action by governments, businesses, consumers and civil society to curb greenhouse gas emissions.” And legendary venture capitalist John Doerr of Kleiner Perkins believes going green “is the biggest economic opportunity of the 21st Century,” and is investing accordingly.

One of the www.ceres.com publications is about their view on how there’s an emerging trend toward greater mainstream mutual fund support for climate resolutions. (A must- read I say.) President Obama seems to think so as well “The nation that leads in the creation of a clean energy economy will be the nation that leads the 21st century global economy,” he said.

Let’s look at that village again. Global Warming is the excess use of Carbon dioxide; a greenhouse gas—that traps heat that would otherwise escape into outer space. The cities developed manufacturers were using so much of the electricity, the only way they know how, leaving the villages….…literally in the dark. There was no electricity left for the villages. There are no rules and regulations in most countries on how to manage these emissions. That city was a greenhouse gas Mecca. For the villagers, night comes when the sun sets, real early. Hence, more babies.

Some say the answer to all of this is “very simple: It’s that we need to make clean energy cheap worldwide.” I say, give those villagers something to do!

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2 Responses to “Weekend Edition: Global Warming, Africa, and BABIES”

  1. Keynesian says:

    Fun article!

    I guess the Kuwaiti gov’t shouldn’t lift the electricity subsidies of else we’ll have a population boom ;P

    [Reply]

  2. W.L. says:

    Thanks! By next year every successful company should have adopted this idea. It’ll be interesting to see the differences that makes. http://www.hopenhagen.org/

    [Reply]

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