Tuesday, June 24, 2014

Posted: 24 Jun 2014 01:10 AM PDT
Those who have been involved in trying to raise awareness of the risks of global warming might have to repress a "Beware of Greeks bearing gifts" response to a new, accessible, and well written report on the probable impact of climate change on the US. The effort, called "Risky Business" has Hank Paulson, Michael Bloomberg, and Thomas Steyer, retired chairman of Farallon Capital, as co-chairs, with its other committee members including Bob Rubin, George Schultz, Henry Cisneros, Gregory Page (the executive chairman of Cargill), Donna Shalala, and Olympia Snowe. In other words, when Hank Paulson looks like the best of a bunch, there's reason to be cautious. Nevertheless, the report is meant to demonstrate that the US is long past having the luxury of debating whether global warming is happening, and that a sober look at the seriousness of the outcomes says we need to do something, pronto. If nothing else, it presents some important new analysis and represents a split among the elites, always a welcome development.http://www.nakedcapitalism.com/2014/06/risky-business-climate-report-little-late-denialists.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29

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