Sunday, August 06, 2006

You're getting warmer...

This opening line from a Financial Times piece says it all:

"Hong Kong's worsening air pollution is prompting a number of
hedge funds to move to Singapore, in a trend that could undermine the
competitiveness of the territory's financial sector."

Whether you believe in taking care of the environment or not, whether you believe in the concept of global warming or not, human beings care about the conditions they live in.

And when the quality of the environment dips below the acceptable level, people and by extension companies, will penalize that event financially.

That Hong Kong's pollution is getting worse is not a matter of debate anymore. And because of that fact, Hong Kong's financial community is adversely affected.

So, you see, the environment does matter.