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To oil, gas and coal industries...
Financial impacts:
- Reductions in future sales.
- Devaluation of extensive capital investments in facilities and infrastructure.
- Added costs for compliance to future environmental regulations.
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To automobile industries...
Financial impacts:
- Added costs to redesign and engineer new power plants.
- Established market positions vulnerable as consumer choices shift.
- Devaluation of extensive capital investments in production facilities.
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To electricity providers...
Financial impacts:
- Added costs to comply with new CO2 emissions limitations.
- Devaluation of extensive capital investments in power plants and supporting facilities.
- Added costs to redesign, engineer, build and deliver energy under a low/no-carbon regime.
- Enormous costs associated with design / construction of new generation of nuclear power stations.(?)
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To water suppliers...
Political and operational impacts:
- Adjusting allocation policies to changing precipitation patterns.
- Adjusting water storage operations to the "longer, hotter summer" scenario.
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To farming and livestock industries
Financial and operational impacts:
- Suffering lost crop yields due to increased drought, drier soils, introduction of new pests, hotter temperatures, irrigation water shortages.
- Devaluation of existing capital investment unsuited to new growing regime. Added cost of recapitalizing farm for new climate.
- Difficulty acquiring credit and insurance in regions experiencing changing climate.
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To public health providers
Operational impacts:
Adjusting to diseases migrating from tropical to sub-tropical latitudes (malaria, Dengue fever).
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To banks and insurance companies...
Financial impacts:
- The biggest concern is "unpredictability".
- Reduced confidence in assessing risk in credit and insurance markets.
- Loss of future profits as a result of:
- Lending or underwriting losses due to unpredictable climate change.
- Departure from previously lucrative markets now made unpredictable by changing climate.
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To wildlife...
Redistributions and extinctions:
- Plants, animals, fungi, algae and microbes will tend to reorganize themselves as their environment changes.
- Migrations will be hampered by human land uses.
- Extinctions will occur if all individuals of a species fail to make the shift.
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To residents of the Maldives Islands...
Flooding from sea level rise:
- This island country has an average elevation of 1.8 meters above sea level.
- Modest melting of Greenland and Antarctic ice caps will flood these islands.
- Higher storm surges from more intense storms poses flooding risks.
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To people around the world like you and me...
We will be faced with new choices and new opportunities:
- The world is rapidly changing -- with or without global warming. Get ready for it.
- Prepare yourself to be flexible and adaptable.
- Stay in college. Focus on "skills" not grades.
- Reevaluate the necessity for "excess" in your life.
- Stay informed. Make informed and ethical choices that are consitent with environmental realities.
- Trust in the ingenuity and resourcefulness of humankind.
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