increase in the past 30 years in respiratory illnesses especially in inner

Increase in the past 30 years in respiratory

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increase in the past 30 years in respiratory illnesses, especially in inner cities, was due towarmer air temperatures opening up the lungs to small particles (such as coal dust and chemicals emitted by coal power plants or by diesel engine exhaust emissions) which enhanced the damage to the lungs caused by the effect of the urban heat island in cities. This research is already the focus of a long-running court case by several northeast 9
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states suing several coal plants in the Midwest resulting in 20-40% increases in health care costs in those states over the past 20 years, most of which states have medicare programs for poor people who live in inner cities, so the state budgets (which you and I pay for) has to absorb. Another reason for comprehensive heath care for all in the US to spread the costs of lingering climate health effects more fairly.DP#27: Article 13 HBS Working Paper on Corporate Sustainability Culture on Performance I noticed a lot of the articles talk about monitoring firms to see if they are actually following the business sustainability path. Are some firms that corrupt that? Also, what happened in 2008 that made the evolution of the $1 drop?JC Response:Not much, only the largest recession since the Great Depression, and the collapse of the investment banks Lehman Brothers and Bear Stearns which led to giant by-outs by the government to save the other investment banks and financial firms such as AIG and bailouts of industrial firms such as GM! In most case cases, even sustainable companies stock prices went down in 2008, but as a group, they lost less stock value thanthe non-sustainable companies. Luckily, we have not have a major fraud yet in the ESG rating industry, but there have been some crooks who took old people’s money to supposedly invest sustainably and then disappeared with it. This is why we need a fiduciary rule for Registered Investment Advisors (RIAs).DP #28: Article 15- Climate Change and the Years of Investing Dangerously Institutional InvestorI found it interesting that transportation was the biggest culprit for damaging our ozone. However, couldn’t this be avoided if scientists actually put more effort into environmentally friendly fuel? I remember a time where scientists were converting the oils from fast food places into regular and diesel fuel. What happened?JC Response:It goes beyond the concept of fuel to the very form of transportation. Traditional automobiles can get higher gas mileage through better engine systems and/orretrofits, but you are still moving a few tons of steel to get one person form here to there. You can even use electric cars, as long as the electricity is generated by renewable energy, not burning coal. The Chinese are thinking “go really big” however, with their building 20,000+ miles of high speed electric trains to substitute for building thousands of mile of interstate-like highways, when the US have about 420 miles of not-quite-high- speed electric railroads, with about another 1,000 miles in construction in CA, FL, TX and elsewhere (maybe.)
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