Climate Change / Global Warming & Investing Implications

[Tommy_Hicks]

I'm in the business of manufacturing electronics. The Y2K crisis was, at the time, the most overblown crisis that I've ever seen. Let's review, the problem was that the year was reported by time chips as 2 digits.

I don't know how many Y2K compliance letters I sent out, but most (if I'd written what I wanted) would've said something similar to "Dear Idiot, your treadmill control could care less what year it is". I remember getting a request letter from an old customer that really mattered. It involved a solar tracker (yes, dear I'm green) that used the date, time, longitude and latitude to calculate the location of the sun for tracking purposes. I designed it in 1988 and couldn't remember how I handled the "Y2K" problem. Upon review, I handled it the way most software designers did, if the year is less than 88, then the year isn't 1900 plus the year but 2000 plus the year. Crisis solved until 2088 which is past the warranty.

It really wasn't that big of a deal.

th