Estate Living Magazine Invest SA - Issue 45 September 2019 | Page 10

P R O P E R T Y & I N V E S T M E N T IF YOU CAN’T TAKE THE HEAT … The world is facing a climate crisis. A young Swedish schoolgirl is now leading a global campaign of defiance driven by school children. The world has just experienced the hottest July ever recorded, even while a vocal segment of the chattering masses in leading economies like the USA believes that the science underpinning global warming is a massive hoax perpetuated by scientists who are – somehow – conspiring to make money. First, let’s separate fact and fantasy As a scientist, I embrace facts as my friends, so let me share a few. In the recent past the USA has been hit by a series of massive hurricanes, driven by warm waters over the Atlantic Ocean, slamming into the islands of the Caribbean and cities along mainland America with unprecedented ferocity. One hurricane struck California, coming off the cold Pacific Ocean, which is something very rare, because it entered via the back door, so to speak. Last summer saw tropical depressions bring masses of rain onto the coast of South Africa and Mozambique, wreaking havoc and causing significant loss of life in KZN. The Western Cape has just narrowly avoided what would have been a disastrous Day Zero. As you read this, the polyphagous shot hole borer beetle is marching relentlessly across large parts of the world, including Cape Town and Johannesburg, slowly and relentlessly destroying vast swathes of forest tree by tree, and primitive nematodes and ancient species of viruses and bacteria are being released as the permafrost melts in places like Siberia and Alaska. All of these are facts, and they collectively speak of two things – uncertainty, and challenges to our adaptability as a species. Let me unpack these two elements by highlighting three implications of the global climate crisis. Uncertainty The first implication is that climate change is not what you think it will be from an impact perspective. I no longer talk of climate change, because we are faced with global warming as a key driver. Of this there is no doubt within credible scientific circles. But, in order to get our heads around this, we need to understand the difference between complexity as a concept and things that are complicated. We are increasingly confronted with complicated things. A passenger jet is a complicated thing consisting of hundreds of thousands of integrated parts working together to give a predictable outcome – safe flight. It’s complicated, but it is entirely predictable by virtue of technical manuals and high-level training of professional