If the planet’s temperature increases by another 2 percent, the flooding that will occur in low lying areas will be epic. Populations will be displaced, and the economic and social structures that are in place will crumble, according to environmentalist activist and Brazilian banker Ricardo Guimarães.
Ricardo Guimarães is no stranger to economic and social issues. Mr. Guimarães is a wealthy entrepreneur. He is in charge of one of the most progressive banks in Brazil, and he is also an avid soccer supporter and fan. His family bank, the BMG Bank, is known nationally for sponsoring soccer clubs and top players in the Brazilian soccer league. Guimarães is also an outspoken supporter of the social causes that will change the nature of Brazilian politics in the next few years.
But the CO2 emissions issue is one priority that Guimarães feels needs immediate attention. At the Paris conference, the goal presented was to decrease CO2 emissions by 50 percent over the next four years. In order to achieve that goal, countries like China and India will have to substantially decrease their carbon dioxide emissions. In some parts of China and India the air pollution is so bad it lingers like a dark cloud that never goes away.
Brazil, Russia and the United States also have to do more to cut carbon dioxide emissions by increasing the amount of solar and wind power in use as well as turning to biofuels instead of fracking and drilling for gas and oil.
The journal Nature Climate Change published a report that showed a decrease in 2015 CO2 emissions. But that report only mentioned a less than 1 percent change in those emissions. That rate of decrease won’t stop the damage that is on the smoggy horizon, according to scientists and Ricardo Guimarães agrees with them. Mr. Guimarães believes violating countries should be taxed if they don’t reduce their CO2 emissions to the standard set by the Organization for Economic Cooperation and Development, and the United Nations.