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Dissenting Commissioner Troy Paredes notes the potential confusion that could result from having firms speculate on the "physical effects of climate change, such as effects on the severity of weather (for example, floods or hurricanes), sea levels, the arability of farmland, and water availability and quality" and harms to their reputation because of the public perception of data relating to its greenhouse gas emissions.
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And by then both the physical and the political climate may look rather different.
ECONOMIST: A survey of The future of energy: Dig deep | The
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The physical basis for seasonal climate prediction lies, to a great extent, in being able to forecast the slowly varying interactions between the atmosphere and the oceans.
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Like most foreign visitors who experience Italy's culture, buildings, physical beauty, food and climate, Mr Gilmour, a British historian and journalist, is a passionate fan.
ECONOMIST: Italy
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As with irrigating Soviet cotton fields from the Aral Sea in Central Asia or introducing rabbits to Australia, modifying the climate will have both physical and biological consequences.
ECONOMIST: Global warming
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The research of the 2013 Laureates demonstrates exceptionally original approaches to fundamental research in the Physical Sciences, from contributing to better understanding climate change to advancing research on neurodegenerative diseases and potentially uncovering new energy sources.
UNESCO: UK Scientist second in two years to receive UNESCO award
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Not just to the biosphere (as once thought), or to broad physical changes to the atmosphere, oceans, and climate (as we now know), but to the geology of the planet itself.
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Perhaps most vital, we feel inspired by the unexpected beauty of a new climate, by the knowledge that we can test our physical limits, survive the trek, and reap the rewards of a breathtaking summit.
FORBES: Throw Out Your Plans for 2013. Business Is a Journey.
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And yet--if only to insure against catastrophic global climate change that could irreversibly damage the world's human, natural and physical capital--an effective global agreement on mitigation must be achieved and put into force by the time the Kyoto Protocol's implementation period ends in 2012.
FORBES: Carbon Prices, Not Quotas