Why haven’t we panicked about climate change like we have over coronavirus?

For one thing, the public may feel compelled to only respond to what’s in front of them.

Because “outbreak” and “pandemic” and any of a dozen high-stakes words accompany dispatches about the deadly novel coronavirus, it’s not surprising, nor ill-advised, that the news media and financial markets respond with alarm to COVID-19.

Still, the critical response leaves scientists, environmental advocates and long-view money managers imploring: Where’s the impetus for moving on policy change and market-driven fixes (solutions to store carbon, for instance) to limit a future environmental health crisis — one on par with or even greater than a coronavirus?

The nature of a risk matters greatly in how we react to it. Coronavirus can be considered a present threat over which there is a great deal of uncertainty about its scale and impact, [yet] there is a significant possibility that its long-term impact is negligible,” writes Joe Wiggins, a researcher in portfolio and fund management, who’s behind the Behavioral Investment blog.

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Article submitted by, dewater.