Military and Business Leaders Alike Cite Costs and Risks of Climate Change

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Military and Business Leaders Alike Cite Costs and Risks of Climate Change

by RP Siegel
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Ignoring the affects of #climate change will prove costly to businesses & military alike - http://bit.ly/1jLmdOr via @Justmeans

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Monday, May 26, 2014 - 10:00am

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Conservatives have been reluctant to talk about or acknowledge the actual cause of climate change, because they fear that doing so will lead to action that will cost money. But despite their efforts to cast doubt on the reality of the issue, awareness is steadily  growing that not only is climate change real, but that over time, the cost of not taking action will far exceed the cost of actions being proposed.

Red state politicians and talk radio hosts continue to press the denial agenda, but among the more respected leaders in traditionally conservative areas such as big business and the military, the tone has shifted considerably.

According to the Climate Disclosure Project (CDP), 60 major American companies from Google to Gap, have reported significant impacts to their business as the result of climate change. Business leaders are making strategic investments now, to reduce future risk. Says CDP President Tom Carnac, “Dealing with climate change is now a cost of doing business.”

Large companies with large supply chains are particularly vulnerable. In a new report entitled, “Major Public Companies Describe Climate-related Risks and Costs,” impacts are described confronting ten business sectors ranging from Consumer Discretionary, to Energy, to Industrial, to Health Care.

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Image courtesy of Oxfam International: Flickr Creative Commons

RP Siegel, author and inventor, shines a powerful light on numerous environmental and technological topics. He has been published in business and technical journals and has written three books. His third, co-authored with Roger Saillant, is Vapor Trails, an eco-thriller that is being adapted for the big screen. RP is a professional engineer – and a prolific inventor, with 50 patents, numerous awards, and several commercial products. He is president of Rain Mountain LLC and is an active environmental advocate in his hometown of Rochester, N.Y. In addition to Justmeans, he writes for Triple Pundit, ThomasNet News, and Energy Viewpoints, occasionally contributing to Mechanical Engineering, Strategy + Business, and Huffington Post. You can follow RP on Twitter, @RPSiegel. 

Keywords: Energy | CNA Military Advisory Board | Climate Disclosure Project | ConEd | Dr. Pepper Snapple | Gap | Google | James Inhofe | John Conger | John Kerry | Johnson Controls

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