Sunday, 29 October 2006

Global warming 'threat to growth'

If there is ever going to be anything that finally convinces the world powers to actually do something about global warming, it has to be a financial incentive.

The reason they shy away from actually doing anything about it, generally, appears to be based on it not being important enough, which I am convinced can be translated to "it would eek into profits" to take action to limit emissions, etc.

But, on the contrary, according to this influential report by Sir Nicholas Stern, not doing anything could cut the world's annual economic output by 1% to 20%.

Will it be taken notice of, as this article at the BBC suggests?

Global warming 'threat to growth'

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