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Problem Drivers and Indicators  •  15



             money. If we see money going to green companies, we may be more likely
             to use that financial institution.
              Climate change in particular is in the forefront of people’s minds. Your
             project stakeholders see it in Al Gore’s An Inconvenient Truth,  in the
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             wildfires of number and scope at a level above historical records in the
             increasingly dry (U.S.) West, in the unusually heavy and persistent rains
             in the East, or an inordinate number of tornados in the Midwest.


               The physical conditions causing drought in the United States are increas-
               ingly understood to be linked to sea surface temperatures (SSTs) in the
               tropical Pacific Ocean. Studies indicate that cooler-than-average SSTs have
               been connected to the recent severe western drought, severe droughts of the
               late 19th century, and pre-colonial North American mega-droughts. Some
               climate  model  projections  suggest  that  warming  temperatures  resulting
               from increased greenhouse gases in the atmosphere could return the west-
               ern United States within decades to more arid baseline conditions similar
               to those during earlier times. 15

               More and more people are becoming aware of and concerned about cli-
             mate change. Given the choice between a company that is trying to reduce
             its greenhouse effect (GHE) and a company that is not demonstrating a
             desire to reduce its GHE, and given the “temperature” of consumers, the
             choice  is  easy.  Consumers  are  voting  with  their  pocketbooks.  “Green”
             companies like Timberland, Patagonia, and Stoneyfield Farms continue
             to prosper, even in a down economy. In July 2009, when other compa-
             nies were closing stores, Timberland opened an eco-friendly store in New
             York City. In a May 8,2007, article in the Financial Times, David Wighton

             reported that Citigroup, the world’s largest financial services group, would
             commit $50 billion to environmental projects during the next decade and
             commit to increase 10-fold to $10 billion its planned investment to reduce
             its own greenhouse emissions. He also reported that Citigroup has begun
             to  advise  borrowers  to  make  their  projects  more  environmentally  sus-
             tainable to reduce their risks amid concerns about future environmen-
             tal regulations. Other financial institutions like Bank of America are also
             committing to greater emphasis on the environment.
              Everywhere  you  look  are  ads  and  more  ads  touting  green.  There  are
             green  landscaping  companies  using  organic-based  fertilizer;  there  are
             green cleaning companies advertising the use of products safe for children,
             pets, and the environment. With all the attention on green advertising
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