Green Economics

Debates, arguments, disturbing predictions, alarming facts…all this and more is happening at Bali where 190 countries of the world are meeting to discuss the urgent need to address the problem of climate change. We have finally realized, (or so it appears), the magnitude of the problem. Unless we act immediately, one-third of our plant and animal species is going to perish.

We have known about the greenhouse gases and their effects since ages, ( I remember learning abt it in school)… but now that the apocalypse is looming nearer, everybody has started talking about it..

OK. We need to counter this problem and reduce the emission of harmful gasses. The big question is…
How do we share this responsibility??
The rich nations have been a major source of these emissions so far and have done much damage in order to industrialize and develop their nations. Now the developing nations are being told to cut down on theirs.

Unfair??? Maybe, but the situation now is so dangerous that no country can remain passive and ignore its responsibility. we have to switch to other forms of energy.

And the good news is that it is pretty much possible to check global warming, WITHOUT compromising on growth and development.

The solution- GREEN ECONOMICS.
Look at brazil- it has become one of the biggest players in green economics, drawing 44% of its energy from renewable fuels.

According to some estimates, growth in global energy could be cut in half over the next 15 years by making the existing technology more efficient. The research done by the University of California at Berkeley indicated that US could generate 3 lakh jobs if 20% of electric needs were met by renewable resources. The UN estimates that global investments in zero greenhouse energy will reach 1.9 trillion dollars by 2020.

The scientists have shown the way- its up to the govts all over the world to walk the path towards a greener and safer world!!