Why mixing Climate & Poverty does not work
Prioritising Investment in Pragmatic Climate Solutions
London, UK - 2 August 2007, 09:04 GMT
Dear ATCA Colleagues
[Please note that the views presented by individual contributors are not
necessarily representative of the views of ATCA, which is neutral. ATCA conducts
collective Socratic dialogue on global opportunities and threats.]
We are grateful to:
. Dr George Feiger, based in Berkeley, California, USA, for "Why mixing
Climate and Poverty does not work;"
. Elizabeth Marshall, based in Wick, Caithness, UK, for "Prioritising
Investment in Pragmatic Climate Solutions;"
. Prof Barbara Harriss-White, based in Oxford, UK, for "Climate
Chaos, Capitalism, Cosmopolitics and Energy Policy Coherence;"
. John Menzies, an Australian national, who operates between Sofia, Bulgaria,
and Vancouver, Canada, for "Climate Chaos or
a Chaotic Climate?;"
. Elizabeth Marshall, based in Wick, Caithness, UK, for "Extreme
Weather's Result: Infrastructure and Harvest Damage plus Rising Food Prices;"
. Aurora Carlson, based on the West Coast, Sweden, for "Climate
Chaos, Potential Human Extinction and Our Thoughts, Intentions & Emotions;"
in response to the ATCA think-pieces: "Extreme
Weather: Flash floods Cause Chaos across Britain; Emergency Services in meltdown;
Claims to cross USD 4 billion" and "Climate
Chaos: UK Extreme Weather Update: Water runs out in flood-hit areas; Power
Supplies Threatened Government Emergency Committee Meets; USD 2 billion+ pa
for Flood Defences."
Dr George Feiger is President and CEO of of Contango Capital Advisors, based
in Berkeley, California. He brings to the firm a diverse background in the
banking, financial services and wealth-management industries. He is also Executive
Vice President of the firm's parent company, Zions Bancorporation listed on
Nasdaq and based in Salt Lake City, Utah. Prior to Contango, Dr Feiger served
in a number of senior positions in the financial services sector. He was a
Senior Advisor to the Monitor Group, Global Head of Onshore Private Banking
for UBS, Global Head of Investment Banking at SBC Warburg and was a Senior
Partner at McKinsey & Co During his time in Europe. He led the merger
integration of the corporate finance businesses of Swiss Bank Corp and SG
Warburg, and oversaw the consolidation of SBC Warburg's sales and trading
businesses. He was also a partner at Capco, a financial services consulting
firm. He holds a PhD in Economics from Harvard University and was an Associate
Professor of Finance at Stanford University's Graduate School of Business.
He has served as a director on several corporate boards and is a frequent
writer and speaker on a wide range of financial topics. He writes:
Dear DK and Colleagues
Re: Why mixing Climate and Poverty does not work
2. Too many left-of-centre individuals and groups "borrow" any critical
global agenda item to make it serve their ideological goals of wealth redistribution,
nationally and internationally. It would be a shame if countering climate
chaos was hijacked into a scheme to try to level consumption between the rich
and the poor both nationally and between nations. Because, I suspect, the
well-off nations, corporations or individuals won't buy into it for the moment!
Elizabeth Marshall is a Fellow of The Energy Institute in London and Member
of the Ad Hoc Expert Group on Energy convened by United Nations Economic Commission
for Europe (UNECE), based in Geneva, Switzerland, since 1992. Elizabeth is
a former director of the British Institute of Energy Economics and a member
of The Windsor Energy Group of which The Lord Howell, a long standing ATCA
contributor, is Chairman. She is based in the extreme North of the United
Kingdom in Wick, Caithness, and is a member of the Institute of Directors
in London and The Reform Club. She writes:
Dear DK and Colleagues
Re: Prioritising Investment in Pragmatic Climate Solutions
In response to some criticism or scepticism shown about climate chaos by one
of our distinguished members -- John Menzies, I would refer to the article
on pages 48-57 of the August 2007 edition of the Scientific American, entitled
'The Physical Science behind Climate Change' which is by William Collins et
al. This article also notes that the Intergovernmental Panel on Climate Change
(IPCC) now places the probability of global warming being caused by human
activities at 90 percent.
This is the rationale for proposing an urgent international meeting of governments
with the global investment community and the infrastructure and agricultural
expert groups this autumn, to prepare and invest in action plans and expedite
necessary works of major reconstruction.
We look forward to your further thoughts, observations and views. Thank
For and on behalf of DK Matai, Chairman, Asymmetric Threats Contingency
ATCA: The Asymmetric Threats Contingency
Alliance is a philanthropic expert initiative founded in 2001
to resolve complex global challenges through collective Socratic
dialogue and joint executive action to build a wisdom based global
economy. Adhering to the doctrine of non-violence, ATCA addresses
asymmetric threats and social opportunities arising from climate
chaos and the environment; radical poverty and microfinance; geo-politics
and energy; organised crime & extremism; advanced technologies
-- bio, info, nano, robo & AI; demographic skews and resource
shortages; pandemics; financial systems and systemic risk; as
well as transhumanism and ethics. Present membership of ATCA is
by invitation only and has over 5,000 distinguished members from
over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen
and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at
Academic Centres of Excellence; 500 Inventors and Original thinkers;
as well as 250 Editors-in-Chief of major media.
The views presented by individual contributors are not necessarily
representative of the views of ATCA, which is neutral. Please
do not forward or use the material circulated without permission
and full attribution.
Intelligence Unit | mi2g | tel +44 (0) 20 7712 1782 fax +44
(0) 20 7712 1501 | internet www.mi2g.net
mi2g: Winner of the Queen's Award for Enterprise in the category