Climate change
“ In Sir Nicholas Stern’s study, he concluded that unchecked climate change could lead to a 20% decline in GDP, an estimate that appears increasingly conservative as the science progresses.
The economic implications aren’t just about the direct costs of systems failing. We also need to consider the costs of creating the required alternative economic infrastructure. The costs are often put forward as a reason for delay. In fact, the opposite is the case, because Mother Nature doesn’t wait for us to get around to it, so the impacts keep marching on and therefore the response becomes more expensive . Again taking the example of climate change , the International Energy Agency (IEA) has concluded that very year of delay on climate change increase the cost of building the new energy infrastructure required because the necessary rate of reduction gets steeper and steeper , stranding capital assets. They estimate ‘every year’ of delay means we will pay and extra $500 billion…….
Other studies have put a number on the total value of all ecosystem services to the economy. The most comprehensive attempt to do so was published in Nature in 1997 and has been cited thousands of times subsequently . Based upon a thorough literature review and compilation, the team of scientists and economists who produced the report estimated that the totals value of ecosystem services was between $16 trillion and $54 trillion annually, with an average of $33 trillion. They noted the uncertainties but took a conservative approach and stressed that, “ this must be considered a minimum estimate.” Versus this figure, they noted that total global GNP in 1997 was around half that at $18 trillion…..What we get from nature is fundamental to our economy , and with out these inputs we would in fact produce nothing. Yet most political debates are still framed in the context of environmental protection being “ nice to have” if we can afford it.
Taken from “ The Great Disruption “ by Paul Gildings.
Live Q&A: Garden maintenance with Crewcut
This Wednesday, we are having another Neighbourly Q&A session. This time with John Bracewell from Crewcut.
John Bracewell, former Black Caps coach turned Franchisee Development Manager and currently the face of Crewcut’s #Movember campaign, knows a thing or two about keeping the grass looking sharp—whether it’s on a cricket pitch or in your backyard!
As a seasoned Crewcut franchisee, John is excited to answer your lawn and gardening questions. After years of perfecting the greens on the field, he's ready to share tips on how to knock your garden out of the park. Let's just say he’s as passionate about lush lawns as he is about a good game of cricket!
John is happy to answer questions about lawn mowing, tree/hedge trimming, tidying your garden, ride on mowing, you name it! He'll be online on Wednesday, 27th of November to answer them all.
Share your question below now ⬇️
Test Your Wits! Today's Riddle Will Keep You Guessing!
Only one colour, but not one size,
Stuck at the bottom, yet easily flies.
Present in the sun, but not in rain,
Doing no harm, and feeling no pain.
What is it?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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Poll: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
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82.7% Yes
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14.8% No
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2.5% Other - I'll share below
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