Jonathan Lash. Delivered at the forum "Energy Investing In a Carbon-Constrained World". June 8, 2006 (Westin Copley Place, Boston, MA).

1. Business Advantage On A Warming Planet Jonathan Lash World Resources Institute

2. Climate Competitiveness with the Auto Industry Source: World Resources Institute and Sustainable Asset Management

3. Comparison of Fuel Economy and GHG Emissions Standards around the World

7. Atmospheric Carbon Dioxide (CO 2 ) Concentrations Source : C.D. Keeling and T.P. Whorf, Atmospheric CO2 Concentrations (ppmv) derived from in situ air samples collected at Mauna Loa Observatory, Hawaii, Scripps Institute of Oceanography, August 1998. A. Neftel et al, Historical CO2 Record from the Siple Station Ice Core, Physics Institute, University of Bern, Switzerland, September 1994. See http://cdiac.esd.ornl.gov/trends/co2/contents.htm

8. Millennial N. Hemisphere (AD1000-1999) Source : IPCC TAR

9. Dramatic Changes: An Ice-free Arctic? 1979-2003: Progressive Loss of Arctic Ice

11. 1960 – World’s 6 th largest lake 1963 – 2001 shrunk 95%, wetlands spoilt Source: UNEP – ONE PLANET MANY PEOPLE: Atlas of our Changing Environment Lake Chad Water withdrawals from rivers/lakes doubled since 1960

12. The Frequency of Weather Related Disasters Data from Swiss Re 2005

13. Global Ocean Currents

14. A More Poisonous Poison Ivy

16. U.S.: Emerging State-Level CO2 Regulation Source: CO2e.com

17. www.azfoo.net

18. Projections of CO2 and Temperature to 2100

19. Temperature Projections and Risk

20. 2055 2005 14 7 Billion of Tons of Carbon Emitted per Year 1955 0 Currently projected path Flat path Historical emissions 1.9  2105 14 GtC/y 7 GtC/y Seven “wedges” Wedges O Source: Robert Socolw, www.princeton.edu/~cmi

21. Energy Efficiency Coal-based Synfuels with CCS Wind power Reforestation Mass transit Stabilization Triangle 2004 2054 7 GtC/y 14 GtC/y Fill the Stabilization Triangle with Seven Wedges Carbon Capture & Storage Adapted from: Robert Socolw, www.princeton.edu/~cmi Biofuels

22. Climate Risk Sector Level Company Level Products / Technology Litigation Reputation / Brand Political / Regulatory Supply Chain Physical Risk How Climate Risk Influences Corporate Value

23. August 28, 2005 Photo Credit: NASA/Jeff Schmaltz, MODIS Land Rapid Response Team Hurricane Katrina

24. Climate Risk Sector Level Company Level Products / Technology Litigation Reputation / Brand Political / Regulatory Supply Chain Physical Risk How Climate Risk Influences Corporate Value

26. Climate Risk Sector Level Company Level Products / Technology Litigation Reputation / Brand Political / Regulatory Supply Chain Physical Risk How Climate Risk Influences Corporate Value

28. Climate Risk Sector Level Company Level Products / Technology Litigation Reputation / Brand Political / Regulatory Supply Chain Physical Risk How Climate Risk Influences Corporate Value

29. New Patterns of Pest Damage The New York Times, June 25, 2002

30. Climate Risk Sector Level Company Level Products / Technology Litigation Reputation / Brand Political / Regulatory Supply Chain Physical Risk How Climate Risk Influences Corporate Value

32. Climate Risk Sector Level Company Level Products / Technology Litigation Reputation / Brand Political / Regulatory Supply Chain Physical Risk How Climate Risk Influences Corporate Value

34. Potential Climate Change Impacts on Cash Flows and Cost of Capital

36. Managing Risk: Measure/Manage

38. GE: Ecomagination

40. Interface – GHG’s Down, Returns Up

41. New York City circa 1950

42. New York City December 2001