The world’s largest investors recently called on governments to act on climate change and boost clean-energy investment, or risk trillions of dollars in investments and disruption to economies. The investors, responsible for managing $22.5 trillion in assets, said rapidly growing greenhouse gas emissions and more extreme weather were increasing investment risks globally. They called for dialogue with governments to overhaul climate and energy policies. Recently, the World Bank said current climate policies meant the world was heading for a warming of up to 8 degrees Fahrenheit by 2100. That will trigger deadly heat waves and droughts, cut food stocks and drive up sea levels. “Current policies are insufficient to avert serious and dangerous impacts from climate change,” said the investors from the United States, Europe, Asia and Australia. Investments and retirement savings of millions of people were being jeopardised because governments were delaying tougher emissions cuts, or more green energy support. The right policies would prompt investors to significantly increase investments in cleaner energy and energy efficiency. Indeed, existing policies have already unleashed billions of dollars of renewable energy investment in China, the United States and Europe.
Join the swelling numbers of voters TELLING Congress they’ll vote for Clean Energy candidates here: http://signon.org/sign/we-are-the-clean-99?source=c.em.cp&r_by=487176 . This is an ongoing campaign (the next Congressional election is in 2 years!) so please, spread the word. This is how YOU can make a difference.
The Guardian - 3 days ago A coalition of the world’s largest investors called on governments on Tuesday to ramp up action on climate change and boost clean-energy … . http://www.guardian.co.uk/environment/2012/nov/20/global-investors-call-for-action
3 days ago – The call comes less than a week before major U.N. climate talks in Doha, Qatar … Influential investors call for action on ‘serious climate danger . http://www.huffingtonpost.com/2012/11/20/investors-climate-change_n_2162767.html