 100 months to save the planet
July 24th 2008
The world needs 'A New Green Deal' to address the potentially disastrous combination of climate change, a troubled economy and soaring energy prices, a new report says.
The Green New Deal Group part of the New Economics Foundation is made up of a group of experts in finance, energy and the environment who suggest research shows that by the end of July 2008 there is only 100 months, or less, to stabilise concentrations of greenhouse gases in the atmosphere before we hit a potential point of no return
To tackle what it calls "the most serious global crisis since the Great Depression," the Green Deal group says there must be serious reform at a level not yet considered by politicians.
The group's recommendations include: massive investment in renewables to create 'a renewables revolution', the creation of thousands of new green-collar jobs, and making more low-cost capital available to fund change.
Speaking to the BBC, Andrew Simms, director of the New Economics Foundation said:
"The UK and the global economy are entering unchartered waters, and the weather forecast is not bad, but appalling.
"Instead of desperate bailing-out, we need a comprehensive plan and new course to navigate each obstacle in this new phenomenon."
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