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.


Suffocating Cities

Air pollution is a full-on, flashing-lights, health emergency.

Planned Gas Pipeline Construction on East Coast Puts Climate at Risk: Report

Nineteen now-pending pipeline projects, if constructed, would let enough …

Ottawa Approves Controversial Chemical for Ocean Oil Spills

The federal government has quietly approved the use of a highly …

Port of LA to Open World's First Off-Grid Terminal Powered Entirely by Renewables

The Port of Los Angeles—the nation's largest port by container volume …

Algal Blooms Are No Accident For Florida Everglades and Estuaries

Restoring the balance of water in South Florida and the Everglades is the …

Uncommoning Nature

Occupying the same space (that ‘cannot be mapped in terms of a single …

Why Do We Pretend to Clean Up Ocean Oil Spills?

When the Deepwater Horizon well operated by BP (formerly British Petroleum) …