January 21, 2019: Richard Branson posted images on LinkedIn
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January 21, 2019: Richard Branson posted images on LinkedIn
January 24, 2019: Cheddar Inc. posted on LinkedIn
January 23, 2019: Interesting Engineering posted on LinkedIn
January 21, 2019: Cheddar Inc. posted on LinkedIn
January 21, 2019: World Economic Forum posted on LinkedIn
January 20, 2019: Interesting Engineering posted on LinkedIn
Solar Powers India's Future
49 Of The Most Beautiful Places In The World
How North America's Largest Mural Brings a Community Together
Why is Singapore so rich? | CNBC Explains
Many of the big economic questions in coming decades will come down to just how extreme the weather will be, and how to value the future versus the present.
Consider three possible ways that climate change could exact an economic cost:
1. A once-fertile agricultural area experiences hotter weather and drought, causing its crop yields to decrease.
2. A road destroyed by flooding because of rising seas and more frequent hurricanes must be rebuilt.
3. An electrical utility spends hundreds of millions of dollars to build a more efficient power grid because the old one could not withstand extreme weather.
The farmland’s yield decline is a permanent loss of the economy’s productive capacity — society is that much poorer, for the indefinite future. It’s worse than what happens in a typical economic downturn. Usually when factories sit idle during a recession, there is a reasonable expectation that they will start cranking again once the economy returns to health.
The road rebuilding might be expensive, but at least that money is going to pay people and businesses to do their work. The cost for society over all is that the resources that go to rebuilding the road are not available for something else that might be more valuable. That’s a setback, but it’s not a permanent reduction in economic potential like the less fertile farmland. And in a recession, it might even be a net positive, under the same logic that fiscal stimulus can be beneficial in a downturn.
By contrast, new investment in the power grid could yield long-term benefits in energy efficiency and greater reliability.
January 17, 2019: World Economic Forum posted on LinkedIn
January 18, 2019: Cheddar Inc. posted on LinkedIn
January 17, 2019: Interesting Engineering posted on LinkedIn
Implementing Smart Power in India
Why Singapore Is Heating Up 2x Faster Than The Planet | Why It Matters |...
January 16, 2019: Cheddar Inc. posted on LinkedIn