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HPEER HPEER is offline
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First recorded activity by BoatBanter: Nov 2006
Posts: 162
Default So much for global warming . . .

Capt. JG wrote:
"katy" wrote in message
. com...
KLC Lewis wrote:

Remove the money and power from the "global warming" issue and let's see
just how much "concern" remains.


At the present time, Environmental Science is being taught from an
economics standpoint in both high school and colleges in the US. That
conbtributes to the problem and obfuscates the real science that should be
studied.



Not at all. It's a reality-based approach. Environmental Science is
integrally linked to economics. Wasn't that an argument in this thread? If
you take the money away, the problem will go away, right?


Well it seems that Free Enterprise is recognizing the economic impact of
GW. Insurance companies are feeling its sting. See below article. I
think this argues for (proves?) an economic link. And since insurance
agencies are essentially in the business of predicting the future
(actuarial tables) then I would think they would represent the free
markets best predictions.

AIG Adopts Policy on Climate Change

May 17, 2006

American International Group has joined the ranks of major insurers
committed to doing something about the increased risks the industry
faces due to climate change.
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In a newly issued statement, the company said it "is actively seeking to
incorporate environmental and climate change considerations across its
businesses, focusing on the development of products and services to help
AIG and its clients respond to the worldwide drive to cut greenhouse gas
(GHG) emissions."

Companies such as Munich Re and Swiss Re have long endorsed programs and
research aimed at finding solutions to what increasingly appears to be a
major threat facing the worldwide insurance community. AIG would appear
to be the first major U.S.-based insurer to do so.

"Climate change is increasingly recognized as an ongoing, significant
global environmental problem with potential risks to the global economy
and ecology, and to human health and wellbeing," the statement
continued. "AIG recognizes the scientific consensus that climate change
is a reality and is likely in large part the result of human activities
that have led to increasing concentrations of greenhouse gases in the
earth's atmosphere. At the same time, market-based environmental
policies and potential new investments provide business opportunities
for AIG to address the problem. We will pursue these new opportunities
where we have the expertise and capacity to do so in ways that mutually
benefit AIG, its shareholders, employees, customers, and the global
community."

The full text is available on AIG's Website - www.aig.corporate.com, but
it's not prominently displayed. Locate "Corporate Responsibility, "
under that "environmental initiatives," go to the bottom to "Environment
and Climate Change."