The historical flooding in Colorado is the worst in the recorded weather history in the region. Without a doubt, these flash floods were truly of ‘biblical’ proportions. This is an extreme example of modern day climate change effects. Increasing sea temperatures, which is a manmade effect, cause more moisture to be carried in the atmosphere. We are witnessing these effects in Colorado right now. Boulder, CO saw a rainfall of more than 7-10 inches in 24 hours, which far surpass the 95 year record for rainfall.
“The economic impact of the flooding will be traumatic, costing billions of dollars in restitution of infrastructure, lost lives, closed local businesses and dealing with climate refugees as a result. New Carbon Economics promotes the understanding of our planetary needs relative to the economic environment, and in our view, the Boulder catastrophe demonstrates the structural integrity of the fragile link between the interdependency of nature and economies, “– says Ian Adlington, CEO New Carbon Economics.
Given a slow pace of enabling remedies the world will continue to warm, and we must expect more of these untimely catastrophes to come in the next few years. We have been witnessing savage climate change impact across the World, in particular, China, India, Philippines and many other countries, where the local economies were decimated, hundreds of thousands of people were displaced and many people were killed by the storms. “The economic damage already runs into countless trillions of dollars. How much do we need to witness to justify swift and immediate action, “ – says Ian Adlington.
- Carbon Credits will be a Boon for Global Financial Market; says leading Venture Capitalist Ian Adlington (newcarboneconomicsblog.wordpress.com)
- New Formula for Creating a prosperous and sustainable America (newcarboneconomicsblog.wordpress.com)
- Carbon Recession & An Understanding of the Balance Between Our Planetary Needs & The Economics Environment (newcarboneconomicsblog.wordpress.com)