Schwab: Pay Now or Pay Later
A recently released report from the Intergovernmental Panel on Climate Change has a loud, clear and harrowing message: Humans are “irrevocably” to blame for the greenhouse gas emissions that are causing rising seas, raging forest fires, devastating droughts, melting ice caps and intense heat waves worldwide. In addition, the report warns that greenhouse gases have become so pervasive that global temperatures will increase by 1.5 degrees Celsius in the next two decades. An increase of up to and over the 2 degrees Celsius mark is likely unless the United States and our global partners act fast to enact bold climate change prevention initiatives.