22 October 2008 | Luca Del Buono

 

The low-carbon economy is an integral part of economic recovery, not a luxurious extra, says Elliot Morley, president of GLOBE International.

Some commentators, indeed some politicians, have used the deteriorating economic circumstances to argue that tackling climate change through the transition to a low-carbon economy is a luxury item; saying it is too expensive, could damage competitiveness, and should be a secondary political objective.

The global economy and the climate system are linked and the current slowdown represents a unique opportunity to use public sector investment to kick-start the economy and build the low-carbon infrastructure we need for our long-term prosperity.

The low-carbon economy is an integral part of economic recovery, not an optional bolt on.

Some economists are arguing that in order to kick-start the economy, governments will need to invest in major infrastructure projects to help stimulate demand in the economy, increase investment and create jobs.

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Source: BBC

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