Building a world of
resilient communities.

MAIN LIST

 

Stormy Science, Rocky Investments


Climate change is risky business – but how risky is it for business? With temperatures predicted to rise anywhere from one to four degrees this century, droughts, floods and extreme weather present risks that will impact American families, businesses and habitats.

Rebecca Shaw of the Environmental Defense Fund sees a global attitude shift towards adaptation. One example is the wine industry. “As climate shifts, there will be some places where wine grapes are grown today that won't be suitable in the future,” she says. A move north may be imminent, and some growers are already doing that. But as competition for resources heats up between agribusiness, communities and wildlife, sacrifices may be in order.

“We're really going to have to think about what we're going to grow here,” cautions Shaw. “Some crops are going to be less viable because water will be more scarce in the future.”

Later in the program, financial industry experts discuss shifts on Wall Street wrought by climate change. As Lisa Goldberg of Aperio notes, climate change awareness is nothing new. “But in terms of its impact on economic markets, I think that it's just really now coming to the consciousness of mainstream investors.”
 
Recent high-profile divestments have put large-cap fossil fuel companies under Wall Street’s microscope. But is shareholder pressure an effective tool for change? “Just having that conversation publicly is a huge step,” says shareholder advocate Andrew Behar. “I think it’s a real milestone.”
 
Guests - Part I:
Stephen Bennett, Senior Vice President, Verisk Climate
Noah Diffenbaugh, Associate Professor, School of Earth Sciences, Stanford University
Rebecca Shaw, Associate Vice President and Lead Scientist, Environmental Defense Fund
 
Guests - Part II:
Andrew Behar, CEO, As You Sow
Lisa Goldberg, Director of Research, Aperio Group; former Director of Research, MSCI
Josh Schein, Senior Portfolio Manager, Morgan Stanley

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


Water, History, and Finance Converge As Sioux Nation Mounts Storied Battle Over Oil Pipeline

Heavy snow and winter cold settled this month on thousands of Native …

Five Ways the Paris Agreement can Address Oversupply of Fossil Fuels

The World Energy Outlook 2016, released last week, is just one among an …

Moving Slowly and Deliberately at Standing Rock: A Report on Life in the Camp

I am moving slowly and deliberately and thinking about the world we need to …

Trudeau Approves Kinder Morgan Trans Mountain Pipeline As Part of Canada’s ‘Climate Plan’

Justin Trudeau announced the approval of the Kinder Morgan Trans Mountain …

Rise of Trump and Trudeau haven’t changed need for radical climate action

The entire system must be put into question, not just who joins the new …

COP22: Can we UNF*CK the UNFCCC?

But can any of us imagine how frustrating beyond words it must be for …

Invest in the Future, not the Past: 4 Reasons to Divest from Fossil Fuels

With the benefit of hindsight, would you have wanted your pension being …