- WEB EXCLUSIVE
- PE COFFEEHAUS
The Conference Board report finds a broad scientific consensus emerging that climate change is underway. The Conference Board's participation was facilitated by Environmental Defense, which links science, economics, law and innovative private-sector partnerships to create breakthrough solutions to the most serious environmental problems.
The change is most clearly demonstrated by the rapid rise in average global temperatures, particularly over the last 100 years. The report also notes an increase in severe weather events that scientists believe stem from rising atmospheric instability taking place alongside global warming.
The report finds that “governments and markets are likely to act” on expanding scientific evidence and perceptions that climate change has become “an urgent priority that must be addressed through a variety of measures.” Participating scientists in the report state that “a reduction in human-caused emissions is an essential step in any overall strategy for dealing with climate change.”
Corporate boards will increasingly be expected to evaluate potential risks associated with climate change, the report states. “The frequently cited 'Enron effect' will likely result in increased pressure on boards to evaluate potential costs and risks associated with mitigation either of carbon emissions or the effects of actual climate changes.”
Concludes the report: “The Earth - for whatever the exact reasons - is on a trajectory toward an ever warmer climate. This cannot be avoided at this point, but the trajectory can be jiggled and potential risks associated with the warming can be mitigated. Ultimately the trajectory could be reversed.” Visit www.conference-board.org/utilities/pressDetail.cfm?press_ID=2465 or contact Charles J. Bennett at firstname.lastname@example.org.