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Nielsen, Jørgen Steen

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Information - Denmark | 01/04/2009

Green New Deal necessary

On the eve of the G20 summit in London the Copenhagen daily Information calls for a Green New Deal, or massive investments in environment and climate-friendly development: "The economic downturn is among other things helping to reduce carbon dioxide emissions, but with an expansion strategy based on loans and consumption we could soon be back on the road to disaster which climate researchers have been warning us to abandon with increasing desperation. … An analysis presented by British bank HSBC shows that of all the stimulus measures that have been passed all over the world only 15 percent encompass green investments. The rest can either damage the climate or at best be climate-neutral."

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