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Cambridge U joins push to get global warming fears back on the front burner
TO bolster interest and rising revenues from unfunded mandates justified by global warming fears, proponents are promoting a Cambridge University-backed briefing series on climate change fire-up the business world.
"Scientists, corporate leaders, military strategists, financial analysts, and sustainability and conservation experts have all hailed a Cambridge-backed briefing," the press release claimed.
"I applaud this initiative," said the UN's Intergovernmental Panel for Climate Change (IPCC) chairman Rajendra Pachauri.
"Spelling out the implications of climate change for different sectors, on the basis of the work of the IPCC, will allow businesses to adapt to the challenges and the role they play in reducing their climate impact," said Mr Pachauri.
Adapting to challenges has meant paying for costly low-sulphur fuel, being subject to stringent environmental compliance costs and penalties as well as paying for the burgeoning inspectorates and the fines that sustain them.
The IPCC's scarifying predictions have often proved false over the years with faulty forecasts of Arctic and Himalayan ice melts, African farm yields and it iconic "hockey stick graph proving to be wrong if notfound to be false or misleading.
Yet global warming fears are fully embraced by government and the bodies they fund - museums, universities, schools and hospitals (MUSH), despite the fact that average world temperatures have not risen for 19 years.
The 13 Cambridge University briefings are based on IPCC data and compiled by the University of Cambridge Institute for Sustainability Leadership (CISL), and Judge Business School and the European Climate Foundation.
The briefings and attendant fanfare comes ahead of the UN Climate Change summit in New York on September 23.
The briefings include easily understood infographics and impacts of alleged climate change on agriculture, buildings, cities, defence, employment, energy, investment, fisheries, industry, tourism and transport.
It also looks at the capacity for these sectors to adapt to global warming and to contribute to emissions reductions.
Alvaro Echaniz, CEO of Ferrovial FISA, a major Madrid-based transport infrastructure investor, said: "We cannot understand a long term business strategy without taking into consideration the findings of the IPCC."
But Ferrovial FISA does much of its business with governments, having recently invested in a major toll road in Toronto and a bridge at Berwick-on Tweed in north Britain.
The new IPCC predictions, set at a safe distance in 2050, are reduced crop yields, a 37 per cent increase in the price of rice, 55 per cent increases in the price of corn and 11 per cent hikes in wheat prices - to prove true or false more than 35 years from now.
Other downsides cited were disruptive impacts on the stability of the financial system, US$40 billion "potentially" lost in the fisheries worldwide, and the threat posed by climate change driving migration and sparking civil and military conflict.
Said Cambridge institute director Polly Courtice: "This series does a remarkable job of taking the hugely-complex IPCC report and translating it for business."
The briefings can be downloaded at www.cisl.cam.ac.uk/ipcc
"Scientists, corporate leaders, military strategists, financial analysts, and sustainability and conservation experts have all hailed a Cambridge-backed briefing," the press release claimed.
"I applaud this initiative," said the UN's Intergovernmental Panel for Climate Change (IPCC) chairman Rajendra Pachauri.
"Spelling out the implications of climate change for different sectors, on the basis of the work of the IPCC, will allow businesses to adapt to the challenges and the role they play in reducing their climate impact," said Mr Pachauri.
Adapting to challenges has meant paying for costly low-sulphur fuel, being subject to stringent environmental compliance costs and penalties as well as paying for the burgeoning inspectorates and the fines that sustain them.
The IPCC's scarifying predictions have often proved false over the years with faulty forecasts of Arctic and Himalayan ice melts, African farm yields and it iconic "hockey stick graph proving to be wrong if notfound to be false or misleading.
Yet global warming fears are fully embraced by government and the bodies they fund - museums, universities, schools and hospitals (MUSH), despite the fact that average world temperatures have not risen for 19 years.
The 13 Cambridge University briefings are based on IPCC data and compiled by the University of Cambridge Institute for Sustainability Leadership (CISL), and Judge Business School and the European Climate Foundation.
The briefings and attendant fanfare comes ahead of the UN Climate Change summit in New York on September 23.
The briefings include easily understood infographics and impacts of alleged climate change on agriculture, buildings, cities, defence, employment, energy, investment, fisheries, industry, tourism and transport.
It also looks at the capacity for these sectors to adapt to global warming and to contribute to emissions reductions.
Alvaro Echaniz, CEO of Ferrovial FISA, a major Madrid-based transport infrastructure investor, said: "We cannot understand a long term business strategy without taking into consideration the findings of the IPCC."
But Ferrovial FISA does much of its business with governments, having recently invested in a major toll road in Toronto and a bridge at Berwick-on Tweed in north Britain.
The new IPCC predictions, set at a safe distance in 2050, are reduced crop yields, a 37 per cent increase in the price of rice, 55 per cent increases in the price of corn and 11 per cent hikes in wheat prices - to prove true or false more than 35 years from now.
Other downsides cited were disruptive impacts on the stability of the financial system, US$40 billion "potentially" lost in the fisheries worldwide, and the threat posed by climate change driving migration and sparking civil and military conflict.
Said Cambridge institute director Polly Courtice: "This series does a remarkable job of taking the hugely-complex IPCC report and translating it for business."
The briefings can be downloaded at www.cisl.cam.ac.uk/ipcc
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