Mark Carney’s warning on climate change is timely, but it’s only a start

Mark Carney’s warning on climate change is timely, but it’s only a start | Larry Elliott

The Bank of England governor spoke the language that the City would understand, but governments also need to embrace new ideas to help shift the dial

Mark Carney got right to the heart of the matter in his message to the City about the risks of climate change: take global warming seriously or you will lose money. This is the sort of language foreign exchange dealers and derivatives traders understand. For the most part, they don’t tend to be eco warriors, even though their sons and daughters might be. What they care about is profit and loss, the good old bottom line.

So that’s how the Bank of England’s governor approached his subject. Companies that don’t adjust to the reality of global warming will simply cease to exist. You don’t get much blunter than that.

Continue reading...

from The Guardian http://bit.ly/2IMognx

Comments

REPORT: Furious Spike Lee Paces Aisle, Turns Back To Stage...

REPORT: Furious Spike Lee Paces Aisle, Turns Back To Stage... (Top headline, 5th story, link ) Related stories: REVIEW: Hostless Show Starts With Rock & Rolls Off Rails... Actor knocks borders, walls during speech in Spanish... Stage designed to look like Trump hair? 'GREEN BOOK' OVERCOMES BACKLASH, NABS BEST PICTURE... Top Critics Fume... LIST: WINNERS... Advertise here from Drudge Report Feed https://ift.tt/2SUpIKy

Tiny Love Stories: ‘Who Was I to Deprive Him of Joy?’

By Unknown Author from NYT Style https://ift.tt/2UV7YAG

The Ugly History of Dual-Loyalty Charges

When Representative Ilhan Omar recently complained about “the political influence in this country that says it is okay to push for allegiance to a foreign country,” many noted accurately that she had deployed a trope—dual loyalty—that had been used against Jews for years. But this accusation has a broader history in the United States, having been used against several religious minorities—including Muslims like Omar. Indeed, many battles over religious freedom have revolved around dual-loyalty claims. [ Read: Ilhan Omar just made it harder to have a nuanced debate about Israel ] In the 19th century, many attacks on Catholics stressed that these immigrants were pawns of a foreign power. In the 1830s, Samuel Morse—then a prominent painter and later the inventor of the telegraph—urged Americans to build “walls” and “gates” to keep out Catholic immigrants, who would always be loyal to Rome. Because these Catholic immigrants were decrepit —“halt, and blind, and naked”—they were easy to co...

KnightViral

Search This Blog