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More on business and climate change

June
18

I wrote about this topic last week in a column. A seminar sponsored by the Business Council of Westchester and the Federated Conservationists of Westchester County tackled it.

The speaker was Bob Willard, a retired manager from IBM and now an expert on the business value of sustainability.

This morning, Westchester County offered another speaker, John L. Cusack, the founder of a consulting company called Gifford Park Associates. The occasion was a report on the work of the county’s Global Warming Task Force.

â€Ε“The financial risks of climate change are something we can’t afford to be wrong about,â€? Cusack said at the Westchester County Center in White Plains.

Cost is behind a lot of the disagreements over climate change and Cusack quoted Sir Nicholas Stern, the former chief economist of the World Bank.

In a report to Britain’s chancellor of the exchequer, Stern predicted that doing nothing would cost 5 percent of the global GDP a year while the price of mitigation would be between 1 to 3 percent of global GDP.

Of course lots of other people dispute the numbers.

This entry was posted on Monday, June 18th, 2007 at 4:00 pm by Noreen O'Donnell.
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About the author
Noreen O'DonnellNoreen O'Donnell For the last 20 years, Noreen O'Donnell has written about Hillary Clinton's run for the Senate, rebuilding Ground Zero, the Korean immigrants who travel north each day from Queens to work in nail salons, deadly runaway fire trucks and other stories in Westchester and Putnam counties. Now she's a columnist.



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