In 2018, the Carbon Disclosure Project asked more than 7,000 companies to assess their financial risks from climate change. The CDP found that, unless they took preemptive measures, 215 of the world’s 500 biggest companies could lose an estimated one trillion dollars due to climate change, beginning within five years. For example, Alphabet (Google’s parent company) will likely have to d…
Dear Ms. Zhao, the only constant in our lives on Earth is the change.
Your article has been written with the not expressed assumption that the climate should be an exemption, that we should not expect climate changing. You are wrong.
Let the biggest companies worry about how to deal with climate change. Those making the right decisions will survive, others will perish. This is normal capitalism. In the “better capitalism” you advocate for, the inefficient biggest corporations will be bailed out by governments. You and I will be paying for this.
In your naivety, you have good intentions. I hope you know what is paved with good intentions.
I suggest reading the opinions of people having a different point of view. You can start right here: