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From the U.S. Climate Report: “[I]f significant steps are not taken to rein in global warming, the damage will knock as much as 10 percent off the size of the American economy by century’s end.” 12/xhttps://www.nytimes.com/2018/11/23/climate/us-climate-report.html …
“The report puts the most precise price tags to date on the cost to the UX economy of projected climate impacts: $141 billion from heat-related deaths, $118 billion from sea level rise and $32 billion from infrastructure damage by the end of the century, among others." 13/x
Another report: "Companies are vastly underestimating how badly they’ll be hurt by climate change"14/xhttps://www.fastcompany.com/90279746/companies-are-vastly-underestimating-how-badly-theyll-be-hurt-by-climate-change …
“The new normal of climate change–from increases in flooding & hurricanes to intense wildfires–is already costing companies $$. But a new study suggests they’re underestimating future climate risk to their biz, & vastly underreporting the financial implications to investors.”15/x
The writing is on the wall: the old, fossil-fuel economy is dying. Even the oil industry knows this. It's just a matter of time. And time is crucial. Companies that jump on and drive the new economy will be the ones with the competitive advantage. 16/x
Because Amazon operates at such massive scale, and has a culture of tackling tough problems, imagine the possibilities if it decided to take bold leadership on climate change. And we need bold leadership. Everywhere. Now. 17/17
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