Friday, February 20, 2009

Ban Ki-moon, and Al Gore called for a "green revolution" in economics

UN Secretary General Ban Ki-moon and former U.S. Vice President Al Gore called on the Heads of State and Government to use "packages of measures to stimulate the economy" not only to confront the global crisis, but also for the start of a long-term "green revolution", the "Finmarket.

In a joint article published in The Financial Times, Ban Ki-moon, and Al Gore say that it was time for a new era - an era of "green economy". They believe that during the confrontation global crisis must be addressed urgently, economic and social problems and also increase investment in renewable energy, as well as increased assistance for the development of the agricultural sector in poor countries.

Ban Ki-moon and Gore warned that the provision of trillions of dollars in support of infrastructure based on carbon, and for grants for the development of fossil fuels could lead to a new crisis. In their view, the removal of subsidies for fossil fuels in the amount of 300 billion dollars a year would reduce greenhouse gas emissions by as much as 6% and will contribute to GDP growth.

As the authors of the article, the leaders of the world, especially in the U.S. and China understand that a course on the "green revolution" - is not an option but a necessity for economic development and job creation.

Ban Ki-moon and Gore calls for intensified negotiations on a comprehensive agreement on climate change. They are confident that these efforts need to attract attention at the highest level.

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