/24-7PressRelease/ - SAN DIEGO, CA, November 13, 2007 - Solving Climate Change - Follow the Money
Climate change is the challenge of our time. It's not our only global problem: terrorism, water shortages, fishery depletion, pervasive hunger and poverty all persist on the planet. Yet climate affects everything, and how we deal with this issue will make matters better or worse for all the rest.
Over the past century, our energy investments have created a wealthy, dynamic global economy. We now understand that continuing this path is unsustainable as fossil fuel resources decline and environmentally destructive carbon dioxide emissions accumulate -- threatening our economy and way of life.
The only way to shift the direction of climate change is to shift our energy investments.
The International Energy Agency projects that $9-$15 trillion will be invested in the next few decades to meet the world's growing energy demand. To tackle climate change, it is essential that renewables, clean technologies and energy efficiency receive the lion's share of this investment.
Peter Meisen peter@geni.org is President of the Global Energy Network Institute. GENI (www.geni.org) focuses on the interconnection of electric grids between nations, with an emphasis on tapping abundant local and remote renewable energy resources. GENI partnered with KLD Research and Analytics (www.kld.com) to launch the KLD Global Climate 100 Index - an index of 100 global companies that demonstrate leadership in providing solutions to climate change through the themes of renewable energy, clean technology, efficiency and future fuels.
If we continue building and funding the world's energy needs as we did in the last century, we deserve to suffer the consequences. If we embrace the "energy revolution" (Secretary of State Condoleezza Rice, September 24, 2007), investments in clean energy solutions will flourish and dominate the 21st Century. Climate change will be solved by shifting investments from fossil fuels to renewables, clean tech and energy efficiency. To track our progress, follow the money
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