"The near-term impacts of climate change add up to a planetary emergency that will include loss of life, social and geopolitical tensions and negative economic impacts ," according to the World Economic Forum's Global Risks Report 2020 . It was undoubtedly the “near-term negative economic impacts” that got the Davos crowd’s attention. All top five of the ten most significant risks to the world economy, as ranked by this year’s Davos attendees, were environmental risks. Extreme weather was number one, followed by climate action failure. No wonder. According to The New York Times at NYT Davos : Extreme weather events are already causing economic havoc. The California wildfires last year were estimated to have caused $25.4 billion in damage. Pacific Gas & Electric, the largest energy producer in the state, has filed for bankruptcy. Energy prices in Sweden skyrocketed during a recent heat wave. Fires in Australia have...