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 Newsletter Nr. 681  
 Amsterdam, October 10st, 2017


WHY IT IS UNWISE TO DISCUSS CLIMATE CHANGE - And why it is wise to act like it is real and caused by human behavior - ALAIN VOLZ

If you are a business person with responsibility for the continuity of the company you work in, would you accept a 50% chance of certain failure with a 25% chance of certain bankruptcy? Good governance includes scenario planning and risk management, and most companies rather prevent risks than take them. When you would be in the boardroom and would have to make a choice from 4 options and one of these options is a certain elimination of the company and its business; what would you do? Most successful business(wo)men would make decisions to prevent that scenario ever becoming reality. The scenario leading to sure bankruptcy would be a definite ‘no go area’. If there are alternatives to choose from, the manager who chooses for liquidation will be blamed and shamed for bad governance. If there are options to choose from they must be taken seriously and explored. Even when they fail, at least everything has been tried to prevent.

Yet with climate change this all seems to be different. The logic in the examples above doesn’t seem to count. That is actually very strange. We do accept a 50% failure in our decisions and we do accept a 25% chance of certain death. But the stakes are much higher at the same time. We are not talking about the possibility of one or few children dying, but of billions and maybe all. We are not talking of one company going bankrupt, but of whole societies collapsing and maybe even destruction of Earth. And yet we accept 50% failure. It is gambling, not governance, nor making a smart individual decision.


Read more:
http://www.integralworld.net/volz1.html