In an earlier post we refered to Eaton Chairman Alexander “Sandy” Cutler’s appearance in a new ad.  If you haven’t checked it out yet, you can see the YouTube version here, courtesy of the Environmental Defense Action Fund.  You’ll also see the following sobering data on the economics of climate change:

The key question on the economics of climate change is: Which path is more expensive, action or inaction? There is a growing understanding that ignoring climate change is the most costly and dangerous course for our economy.

Tackling climate change will cut our addiction to imported oil, give America an edge over our European and Chinese competitors, and ensure this problem isn’t left to our children’s generation.

• In 2006, renewable energy technologies were responsible for 8.5 million manufacturing and other high paying jobs. (Source: OH Dept. of Development)
• A cap on greenhouse gas pollution will cut oil imports by $20 billion by 2015, and 60% by 2050. (Source: MIT study)
• A panel of retired U.S. generals reports that without action to address it, climate change will lead to international instability. (Source: Center for Naval Analysis)

Want to learn more?  Click here.

This entry was posted on Monday, March 24th, 2008 at 5:07 am and is filed under Policy, General Economic Development, Advanced Materials, Strategy, Manufacturing, Sustainability, Innovation, Advanced Energy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.