It’s ‘cool’

Bloomberg has an interesting animation chart on global warming. It is ‘cool’. The fact that there are more frequent record setting temperatures post-1980 is no coincidence. It is the period when the global economy tried to get on a growth high through leverage, financial innovation and globalisation and many developing countries joined the global growth wagon. It has also been the era of globalisation and rapid rise in personal consumption. Global climate and environment will be big beneficiaries if global economic growth slowed down for the next half century. That is what a good doctor would order for the global climate and environment.

This is only January – normally a cool and pleasant month. Yes, nights are breezy and pleasant (sort of) in Singapore but the days are very hot. It does not feel like January at all.

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