To claim the World Bank is just an extension of US foreign policy is just wrong.

We run enormous risks and we know what kind of reductions of greenhouse gases are necessary to drastically reduce risks. Reducing emissions by half by 2050 is roughly in the right ballpark. It would bring us below 550 ppm.

The scientific evidence is now overwhelming: climate change presents very serious global risks, and it demands an urgent global response.

Fortunately poorer countries, such as China, are showing leadership and beginning to demonstrate to the world how to invest in low-carbon growth.

The one way of guaranteeing to fail is to assume that we will.

Enlightened self-interest from those involved in hydrocarbons should lead to the support of technologies enabling the clean use of hydrocarbons, such as carbon capture and storage, and not to the defence of deniers and cranks.

The US will increasingly see the risks of being left behind, and ten years from now they would have to start worrying about being shut out of markets because their production is dirty.