Oct 12, 2008

US Climate fix could HELP solve financial crisis.

From New Scientist

If the US focused on curbing climate change as soon as a new president took office – or sooner – it could help pull the world from the financial brink, according to environmental policy experts.

"Skyrocketing energy prices and the financial crisis have been a wake-up call that something's got to change," says Cathy Zoi, chief executive officer of the Alliance for Climate Protection, which is chaired by former US vice president Al Gore.

"My very strong belief is that we need to reorient our investments toward this transition to a clean energy economy, and it will be the engine of growth for getting us out of the doldrums that we've gotten in right now," says Zoi.

The reorientation must include limits on emissions of climate-warming carbon in the US, she said: "Unless we take action at home, we're not going to be able to have much influence in the international arena about what gets done." Link.




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