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We face a genuine planetary emergency, we cannot just talk about it, we have to act on it, we have to solve it, urgently. ... Last week the world celebrated the 20th anniversary of a great success story. A hole in the ozone layer was discovered in 1985. And then, in the following year and a half, action took place. All of the market initiatives are incredibly important. The market allocates more money in one hour than all of the governments allocate over a year's time. But governments set the rules of the road and determine how markets allocate capital and make decisions. And there should be no mistake that this crisis, the climate crisis, is not going to be solved only by personal action and business action. We need changes in laws; we need changes in policies; we need new leadership and we need a new treaty. We need a mandate at Bali during the first 14 days of December this year to complete a treaty not by 2012 but by 2009, |
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