President Barack Obama made the issue a key portion of his second inauguration address. He made reference to superstorm Sandy, the heat waves and record-breaking extreme weather events, and said:
Christine Lagarde, just days later, at the World Economic Summit in Davos, Switzerland, the managing director of the International Monetary Fund, , delivered a stunning speech. (The International Monetary Fund has done nothing but worsen environmental protections anywhere in the world in which it has delivered a prescription.) Mme Lagarde, having outlined the major threats to global economic stability, stated that climate was a larger threat. Describing it as ‘the greatest economic challenge of the 21st century,’ she said: ‘Increasing vulnerability from resource scarcity and climate change, with the potential for major social and economic disruption; this is the real wild card in the pack.’
In response to a question from the audience, she said: ‘Unless we take action on climate change, future generations will be roasted, toasted, fried and grilled.’ That would have be a strong statement from the head of Greenpeace; from the head of the International Monetary Fund, it is jaw-dropping.
Jim Yong Kim, within days, the new president of the World Bank,, wrote an opinion piece for the January 28 Washington Post, urging urgent climate action. ‘After the hottest year on record in the United States—a year in which Hurricane Sandy caused billions of dollars in damage, record droughts scorched farmland in the Midwest and our organization reported that the planet could become more than 7 degrees warmer—what are we waiting for? We need to get serious fast. The planet, our home, can’t wait.’
Steven Chu in his letter of resignation from US Energy Secretary, lambasting those who undermined his efforts to promote renewable energy and parting shots from outgoing Secretary of State Hilary Clinton, and it is hard not to see that a full court press from the Bretton Woods Institutions has lined up behind the US president to demand climate action.