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Global Warming Solutions, Inc. CEO Issues Shareholder Letter
Global Warming Solutions, Inc. CEO Issues Shareholder Letter.
About this update from Global Warming Solutions, Inc.
[{"type":"text","content":"Martintown, Ontario July 20, 2020 / Global Warming Solutions, Inc. (GWSO) CEO Vladimir Vasilenko publishes an open letter to Shareholders. Dear Shareholders,The climate crisis is escalating before our eyes, causing unprecedented damage and threatening our children’s future. The costs of unabated climate change — already in the hundreds of billions of dollars — will grow to trillions, destabilizing the global economy and hurting nearly every business and family. To limit the worst impacts of climate change, we need to achieve net-zero emissions — producing no more climate pollution than can be removed — in the United States and other industrialized nations by 2050, and worldwide soon thereafter. That’s the goal consistent with what science says is necessary.Global Temperature Rise: The planet's average surface temperature has risen about 1.62 degrees Fahrenheit (0.9 degrees Celsius) since the late 19th century, a change driven largely by increased carbon dioxide and other human-made emissions into the atmosphere. Most of the warming occurred in the past 35 years, with the six warmest years on record taking place since 2014. Not only was 2016 the warmest year on record, but eight of the 12 months that make up the year — from January through September, with the exception of June — were the warmest on record for those respective months. The Greenland and Antarctic ice sheets have decreased in mass. Data from NASA's Gravity Recovery and Climate Experiment show Greenland lost an average of 286 billion tons of ice per year between 1993 and 2016, while Antarctica lost about 127 billion tons of ice per year during the same time period. The rate of Antarctica ice mass loss has tripled in the last decade.Scientific evidence for warming of the climate system is unequivocal. - Intergovernmental Panel on Climate ChangeSea Level Rise: Global sea level rose about 8 inches in the last century. The rate in the last two decades, however, is nearly double that of the last century and is accelerating slightly every year. Extreme Events: The number of record high temperature events in the United States has been increasing, while the number of record low temperature events has been decreasing, since 1950. The U.S. has also witnessed increasing numbers of intense rainfall events. Ocean Acidification: Since the beginn...