The biggest marketing edge would be a significant increase in electricity prices, whether
caused by climate policies or costs of new generation.
Global spending to combat climate change fell last year and remains far below the level needed to prevent its most dangerous effects, a report
by the Climate Policy Initiative said on Tuesday.
It is clear from the documents that Heartland advocates against responsible climate mitigation and then uses that advocacy to raise money from oil companies and «other corporations whose interests are
threatened by climate policies.»
However, the projected development beyond 2020 is only compatible with the IEA alternative policy scenario in which coal production is
constrained by climate policy measures while the IEA reference scenario assumes further increasing coal consumption (and production) until at least 2030.
Such a transition would save $ 1.8 trillion over the next two decades, says a
study by the Climate Policy Initiative, which also found that governments and taxpayers will bear the greatest financial risk if fossil fuel reserves are stranded underground.
Yet savvy money managers willing to put aside short - term noise in the name of long - term profits may be wise to focus their attention on emerging climate risks, most recently
highlighted by the Climate Policy Initiative.
A strategy
used by climate policy proponents to counter the strategies of the merchants of doubt (Oreskes and Conway, 2010; Schneider and Flannery, 2009) has been the establishment of a broad international scientific consensus with high confidence levels, strong appeals to the authority of the consensus relative to opposing viewpoints, and exposure of the motives of skeptics.
Driven by climate policy, technology development, business innovation, NGO campaigns and investment risk analysis, creative destruction is inflicting itself upon the sector with a vengeance — and the process has just begun.
See: Watch Now: Climate Depot's Morano on Fox News to discuss UN's goal of «redistributing world's wealth
by climate policy»: Morano: «Climategate and real world data, has revealed that [the AGW scare] has been a con game.
This has almost nothing to do with the environmental policy anymore, with problems such as deforestation or the ozone hole,» «We redistribute de facto the world's wealth
by climate policy,» Ottmar Edenhofer, IPCC working group on Mitigation of Climate Change 2008 to 2015.
Another U.N. official has admitted that the U.N. seeks to «redistribute de facto the world's wealth
by climate policy.»