Showing posts with label Financial Crisis. Show all posts
Showing posts with label Financial Crisis. Show all posts

Monday, November 3, 2008

Will Climate Policy Take A Back Seat During the Economic Slowdown?

By Jonathan Pershing on green power

The financial crisis is currently at the front and center of the national debate, but if we limit our focus to near-term fixes on the economy, we will just defer requisite action on climate.

Note: this response was originally posted on the National Journal’s Energy & Environment Blog. You can read the entire post here, including the contributions of other experts.

Monday, October 20, 2008

Economic crisis may lower emissions in the short term

20/10/2008 - The world economic crisis could have a silver lining - it might reduce greenhouse gas emissions in the short-term.

But in the longer term the crisis is likely to exacerbate climate change as people put the economy ahead of the environment.

Climate economist Frank Jotzo, from the Australian National University, says the financial meltdown will likely lead to less economic and export activity around the globe during the next few years.