I get quite a few financial emails everyday because I'm in the financial services industry.
Jeremy Grantham is a very well known name in the industry so it perked my eyes when I saw his name on an email today talking about global warming.
Famed asset manager Jeremy Grantham called upon the world to wake up to the threat of global warming, pollution and the depletion of the world's natural resources in a new white paper that concluded human civilization is in a race for its survival—and is losing.
"Thirty years ago, the dire predictions of leading climate scientists were laughed at," wrote the founder of Boston-based asset manager GMO. "Now we watch these predictions coming true and ignore the data or pretend to. So, as the world starts to burn up, we twiddle our thumbs and talk about 'just another heat wave!' God help us."
The white paper, entitled "The Race of Our Lives Revisited," was released Wednesday and represents an expansion of a warning Grantham originally put forth in one of his weekly investor letters in April 2013 and, more recently, at Morningstar's annual investment conference in June.
In his latest warning, Grantham goes into more detail on the global threats, using 35 pages of data and charts to lay out why human society should be paying more attention to global warming, population growth and environmental destruction, and how these problems may soon contribute to a worldwide food shortage.
The root of the problem, as Grantham sees it, is that people have never been good at dealing with "long-term, slow-burning problems" and are instead more concerned about how to "stay alive and well-fed today."
"Beyond that we have a history of responding well only to more immediate and tangible threats like war," he wrote, adding that, in a bad turn of luck, today's political environment is trending in a way that only adds to the problem.
"We face a form of capitalism that has hardened its focus to short-term profit maximization with little or no apparent interest in social good," Grantham wrote. Making matters worse, he added, is that corporate influence over government "has grown so strong that only the biggest, most powerful corporations and the very richest individuals have any real say in government.”
"The timing could not be worse," he continued. "It is likely we in the U.S. will lose—indeed, we are losing already—the stable and reasonable society that we have enjoyed since the Great Depression."
Grantham argued that the environmental threats are accelerating and reaching a critical point, despite the fact that green technologies are booming and accounting for an increasingly larger share of the world's power consumption. But even as solar, wind and other green technologies surge, he wrote, it is expected that 50 percent of energy consumption will still be driven by fossil fuel by 2050.
Meanwhile, he argued, global warming is accelerating, as is the damage it is causing to the environment and human society. For example, he wrote, since 1950 the number of floods is up by 15 times; there have been 10 times as many deaths from droughts; wildfires are up sevenfold; and extreme temperature events are 20 times what they were.
Here; https://www.fa-mag.com/news/grantham--we-re-losing-the--race-for-our-lives-40220.html?section=43&utm_source=FA+Subscribers&utm_campaign=6b27378539-FAN_FA_News_Ed_Slott_Company_080918&utm_medium=email&utm_term=0_6bebc79291-6b27378539-236452497
Isn't it funny that he said "God help us!"
Also I do think he nailed it when he said that humans aren't very good at solving problems that are 30 years away because we are more concerned about staying alive and eating for today.
Jesus said that we shouldn't worry about tomorrow because today has enough worries of its own.
So would Jesus be wringing his hands about rising sea levels, plastic water bottles, tanning lotion killing coral reefs, California wild fires and rising temps?
Nope. Jesus doesn't wring his hands about anything, because he created all that we see and nothing will disappear until He says so.
Can you see how "Mother Earth" and "Weak God" believers will end up hating and coming after Bible believers?
They will first come to HATE anyone who refuses to worship Mother Earth/Mother Nature. When we say things like, "We are more concerned with your eternal soul than we are about sea levels" and "The earth is simply GROANING for what it will become"....it will drive them into a fit of rage.
"How can you quote scripture while the world is literally burning up!!?", they will ask.
And when we answer with more scripture they will be willing to lay hands on us...
2 Peter 3
But the day of the Lord will come like a thief. The heavens will disappear with a roar; the elements will be destroyed by fire, and the earth and everything done in it will be laid bare.
Can you see how PLEASED the world will be when Jesus comes and takes his Bride away! The left-behind crowd will end up cheering that are gone!!
