Posted on 01/20/2020 10:54:03 AM PST by Oldeconomybuyer
DAVOS, Switzerland -- Climate issues are set to be one of the main talking points at the World Economic Forum in the Swiss ski resort of Davos this week, but a survey of CEOs released Monday shows that they are not even ranked among the top ten threats to business growth.
In its annual report ahead of the gathering in Davos, financial services group PwC said climate change and environmental issues are ranked as the 11th biggest threat to their companies’ growth prospects. Though up one spot from the same survey a year ago, climate-related issues lag way behind other concerns such as over-regulation, which ranks as the number 1 worry. Other concerns in the top 10 include trade conflicts, lack of skills among workers and populism in politics.
According to the survey, 24% of CEOs are “extremely concerned” about climate-related issues, compared to 38% for over-regulation.
The survey also found that the number of CEOs who are pessimistic about the economic outlook has almost doubled over the past year, with 53% predicting a decline in the rate of growth this year, up from 29% in 2019.
“Given the lingering uncertainty over trade tensions, geopolitical issues and the lack of agreement on how to deal with climate change, the drop in confidence in economic growth is not surprising — even if the scale of the change in mood is,” said Bob Moritz, Chairman, of the PwC Network.
PwC conducted 1,581 interviews, mainly online, with CEOs in 83 countries between September and October 2019. It weights the sample by national GDP to ensure that CEOs’ views are fairly represented across all major regions.
(Excerpt) Read more at apnews.com ...
Don’t make Greta angry. You won’t like Greta when she’s angry.
This will just reinforce the Leftist view that we must adopt Communism in order to save the planet.
I am reading The Rational Optimist, and it’s excellent in debunking climate change and all the other doomsday prophesies that have been hyped over the years. Every high school kid should be required to read it. Green energy is worse for the environment than fossil fuels. All these crops being grown to make ethanol require more and more land be cleared, more machinery and water and energy used, etc. Capitalism and human progress has made the world safer and cleaner. Socialism would destroy it and send us back to the stone age.
Keep reminding liberals that neither they nor anyone else will live a crappier life just to make them happy.
Bad weather is always a consideration in business, and professionals plan for it. If the weather is too complex a threat for a CEO to understand, that person should find another line of work.
I’ll help them reduce their carbon footprint next year. No need to go to Davos.
I never tire of that GIF.
Nonbiodegradable turbine blades from decommissioned windmills take up more landfill space than 1,000,000,000 plastic bags.
Yeah, I’ve tried arguing all this stuff with Millenials.
Unfortunately their brains are pretty much impervious to facts.
If CEO’s thought climate change was real, they would be buying property in Canada. They aren’t.
While it may well be true that ‘Climate Change’ isn’t going to be a problem for them (since it barely exists, if at all), they sure as hell better wise-up to what the Left plans to do them chasing their climate change ghost.
Meanwhile in eastern Canada:
https://www.cnn.com/2020/01/19/americas/newfoundland-snow-trnd/index.html
30” of snow from this weekends storm
What the heck to do they think is the “climate change solution? Over-regulation x100. Dolts!
Wait until 10,000 of those windmill blades are found forming a huge island floating in the Pacific .
Those windmill blades would make good fences along our southern border.
I don’t get it. It’s so obvious. However, environmentalism is a religion and impervious to rational discussion. Our recycling company told us to rinse out plastic containers prior to putting them in the bin. Isn’t that a silly waste of clean water? This is all about control and has nothing to do with saving the planet.
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