At a time when institutions of business and government continue to fail society, two of our leading academic institutions missed the opportunity to provide essential moral leadership on the most pressing challenge ever faced in the history of human civilization.
For Canada, it means that an over-reliance on the tar sands as an economic drive is a huge risk if the world ever regulates greenhouse gas emissions. It doesn't make a ton of sense to build your economy around a product that can't be sold or used.
I asked one future biochemist what she thought about NYU's environmental program. Her bright young face turned sour as she complained that her environmental studies were dominated by disaster science. Where was the hope, she wanted to know?
If we could see the world with a particularly illuminating set of spectacles, one of its most prominent features at the moment would be a giant carbon bubble, whose bursting someday will make the housing bubble of 2007 look like a lark.