Climate Change Coalition

The Australian Federal election is in 10 days.

The traditional reaction, when someone finds out you support action to preserve the environment, is that you are (a) 'a leftie', (b) 'a greenie tree hugger', (c) 'a hippie', (d) 'anti-business', or (e) unAustralian.

While these are understandable emotional responses, they are not rational or well thought out. Climate change currently represents the single greatest market failure ever faced by humanity. That is very bad for business. I think Australia has the human capital necessary to adapt to the changes in the marketplace resulting from climate change. Since the need to deal with the issue is inevitable, the first countries to innovate will gain a first mover advantage in the global market for climate change solutions. In the longer term, failure to act will not mean a stronger economy but will mean foregone business opportunities.

There is a new political party in this years election called 'Climate Change Coalition'. Not only is Dr. Karl one of their candidates, but the party brings this important issue of Climate Change to the table.