“…businesses are coming to the conclusion that reducing emissions is not just good for the environment—it can also boost bottom lines, cut costs for consumers, and deliver returns for shareholders.”
I could not have said that any better. So who did say it?
Barack Obama. Yesterday, 44 published a policy forum article in Science entitled “The irreversible momentum of clean energy“. There is a certain amount of the expected global top-down policy argument, but what caught my eye was the attention drawn to the fundamental bottom-up case — unlocking value for business stakeholders.
Where are the exhaustive peer-reviewed scientific journal articles that evaluate the data and present different conclusions, or event present different independently verifiable data?
After a dust-up over a NOAA analysis of sea surface temperatures that bolsters the case that climate change is a measurable, material and increasing phenomenon, a multi-institution team led by Zeke Hausfather at Berkeley evaluated data from three largely independent sources — National Oceanic and Atmospheric Administration’s Extended Reconstruction Sea Surface Temperature (ERSST), the Hadley Centre SST data set (HadSST3), and the Japanese Meteorological Agency’s Centennial Observation-Based Estimates of SSTs (COBE-SST) from 2003 to the present. I include the link to the study below for those of you who do not have enough charts and Greek letters in your daily diet. As I understand it, they consulted different data sets from different gathering mechanisms – buoys, ships and floats – to account for biases that could emerge in the devices or methodologies.
The science continues to hold up. There are too many conscientious scientists of all political stripes from too many governments and institutions for there to be a credible conspiracy to manipulate either the data or the conclusions or both for very long. Continue reading “If climate change is a hoax…”
Many thanks to Alex Steger, Editor of CityWire USA, for the terrific mention of RIS’ launch on their website news feed last night. An excerpt follows and links to the full article below:
Sloss has also set up a consultancy, Regenerative Investment Strategies, which will work with asset managers and asset owners on their ESG needs.
It will work with fund firms to help them understand investor demand, what makes for a credible and authentic product, what parts of the investment process are important and what segments of the market to target.
On the investor side he will help asset owners define sustainable investment policies and practices, identify managers and reflect particular concerns in portfolios.
Read the PDF or click here to go to CityWire’s site.