Everything You Need to Know About Global Warming in 5 Minutes

by Christopher Paul on July 23, 2010

From a seasoned investor in Timber & Natural Resources companies, comes 13 points about global warming and the risks & costs associated with it. None of the points are preachy; he comes from a business background and frames the discussion that way. One of my more favorite points:

Skeptics argue that this wide range of uncertainty about future temperature changes lowers the need to act: “Why spend money when you’re not certain?” But since the penalties can rise at an accelerating rate at the tail, a wider range implies a greater risk (and a greater expected value of the costs.) This is logically and mathematically rigorous and yet is still argued.

Also check out this post from The Big Picture about climate change. Its worth your time.

Grantham: Everything You Need to Know About Global Warming in 5 Minutes via The Big Picture

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