I am not against Carbon per se. Let’s understand that Carbon is important to survival on this planet. It is the fourth most present element in the universe exceeded by hydrogen, helium and oxygen. It is present in all Earth life forms and constitutes about 19% of the human body only surpassed by oxygen. There is essentially a fixed amount of it on Earth, and it is being converted from one form to another continually as part of what is known as the Carbon Cycle. If you really want to know more about Carbon, Wikipedia currently has 16 pages on the topic of which two are References for those nuts who don’t get enough out of the first 14. (See: http://en.wikipedia.org/wiki/Carbon)
My primary problem is with the incremental change in the Carbon cycle that has been caused by man in one way or another. The poster-child for this change is the increasing amount of CO2 that is being put into the atmosphere. The primary source of this incremental CO2 is the combination of Carbon, in various chemical forms, with oxygen–typically as a fuel source for transportation, power or chemical transformation. A secondary problem is the lack of self-sufficiency, nation by nation, of the Carbon, primarily in a liquid or gaseous form, that will be our main fuel and chemical source for some time . We ultimately have to become less reliant on Carbon or figure out some way to restore the Carbon cycle to the point where we aren’t putting excess CO2 into the atmosphere.
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Jack Rivkin has had a long and varied career in the Investment Industry encompassing Private and Public Equity, Investment Policy and Management. He is known as a keen observer of investment and business strategy, and a superb manager of highly talented professionals. He retired in early 2008 as Executive Vice President, Chief Investment Officer and Head of Private Asset Management of Neuberger Berman to devote more time to Climate Change and related Investing and Policy issues He was also a member of Neuberger’s Executive Management Committee, the Lehman Brothers Council on Climate Change and the Neuberger Berman Climate Change Fund Advisory Board. He is engaged with the United Nations on policy issues related to Private Capital and Climate Change. He is an Associate Fellow of the Asia Society. For a more complete bio, Click on Bio Page.