The issue of global warming has been a hot topic in many countries around the world. Ricardo Guimaraes president of the BMG Banco bank makes a review of the remarks made on the issue. The issues were discussed at a conference in Paris France end of 2015 December.
According to Ricardo, the problems on the COP21A document from the France conference address a significant issue. Global warming poses a threat to the very survival of humanity. Industrialization and archaic energy practices mean that global warming will continue to be a problem till we put ourselves together.
According to Ricardo in the Paris agreement, the problem can be solved. Most industries need to find ways in which they can reduce the amount of harmful waste they emit. Industrialization is an important part of economic growth but without control, this can also be the fall of the economy. First goes the health sector closely followed by the agricultural sector. Without these two we can’t survive.
According to Ricardo, in the meeting, it was agreed each country’s representative had to sign a clause that allowed control on the production content of industries. By controlling on the production, the emissions are also monitored. Pure emissions lead to a safer environment.
In Ricardo’s view, global warming could hurt the investors badly. It is in his best interests to agree with the issues and solutions discussed at the Paris conference. It also saw countries like US and Europe pledge to continue giving carbon trading credits.
In the meeting, most countries had to contribute to the plan especially the most industrialized countries.
According to Ricardo Guimaraes, the program discussed received a lot of support. The program which is expected to take full effect in 2020 is supposed to reduce global warming by a huge percentage. He added that the agreement needed to mention on fossil fuels too. Fossil fuels are among the number one environment polluters and need to have a solution.
He also mentioned that the private sector was to start with the change. Due to lack of public control, private sector uses a lot of harmful chemicals. Ricardo was categorical that countries like the US nad China need to lead by example being as it is that they are some of the leading polluters.
Ricardo Guimaraes, the grandson of Antonio Guimaraes,is a perfect example of an all rounded investor. He is an expert in the investment world and knows how to make that last long. Sensitizing people on the global warming issue ensures that his market size stays safe. Meaning that even as a businessman Ricardo Guimaraes understands the link between mother-nature and success.