Climate Change and Risky Business

by Steven D

Seriously deranged people (or bought and paid for shills) attack the scientific consensus opinion that climate change is occurring at an ever accelerating rate as a result of greenhouse gas emissions (especially carbon dioxide).  However, no one has ever accused Price Waterhouse Coopers, the second largest professional services firm in the world, of a lack of seriousness when it comes to analysing the risks of investments.

So when Price Waterhouse releases a study that suggests municipal bond rating companies are not taking into account the long term consequences of one of the effects of climate change, water scarcity, thus putting at risk the investments of municipal bond purchasers, I, for one, take note:

continued at Daily Kos....

Something has Changed in the Climate Change Game -- the CIA

by jamess

Who says Climate Change is not anything to worry about? Climate Change Climbs the Ranks in the Pentagon and CIA Bryn Baker - 12/14/2009 The US Military and the CIA are increasingly concerned that climate change raises the prospects for military intervention to deal with the effects of severe weather, rising seas, drought, mass migration, spread of disease, and increased competition for resources. In Pentagon, CIA Eye New Threat: Climate Change, National Public Radio reports today that "for the first time, climate change will feature as one of the key threats under assessment in the 2010 Quadrennial Defense Review. [...]" Recent war games and intelligence studies have found that sub-Saharan Africa, the Middle East and South and Southeast Asia will likely be the most vulnerable regions, facing food shortages, water crises and severe flooding that could require an American humanitarian relief or military response. If they can plan War Games to manage the Human Chaos, expected from Climate Change -- Why can't we plan to minimize that Climate Change, in the first place?

continued at Daily Kos....