Governments have the power to enact legislation which could regulate industries to remain within sustainable emission limits and adhere to environmental protection standards.
When you talk about how certain regulations are too costly or too difficult to comply with, you sound a lot like you did before the 2008 crisis when you failed to act. So my question is, given your track record at the Fed, why should anyone take you seriously now?
We don’t have the luxury to wait decades for Tesla-styled innovation. We need the next innovative and disruptive business approach and/or technology that solves our climate challenges, NOW.
When looking at the landscape of climate change in the literal sense, we are faced with the advent of severe weather cycles, destructive storms like Hurricane Sandy and rising sea levels threatening to consume vast areas. City and state planners have their work cut out and are using technology to discover future crisis scenarios and their solutions.