Wednesday

A 'Green New Deal' can save the world's economy, says UN - Green Living, Environment - The Independent

A 'Green New Deal' can save the world's economy, says UN - Green Living, Environment - The Independent: "It argues that the world is caught up in not one, but three interlinked crises, with the food and fuel crunches accompanying and intensifying the financial one....
every year, for example the felling of forests deprives the world of over $2.5 trillion worth of such services in supplying water, generating rainfall, stopping soil erosion, cleaning the air and reducing global warming . By comparison, he points out, the global financial crisis is so far estimated to have cost the world the smaller one-off sum of $1.5 trillion....
Pavan Sukhdev, the chair of Deutschbank's Global Market Centre, who is leading the initiative, says: “Hundreds of millions of jobs can be created, there is no question that traditional industries like steel and cars cannot provide them. But this is a really huge business opportunity.” "