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Economic Growth 'Cannot Continue'

January 28th, 2010
Categories: News, Environment, Economic

Link: http://www.commondreams.org/headline/2010/01/28

Continuing global economic growth "is not possible" if nations are to tackle climate change, a report by an environmental think-tank has warned. The findings in the report also suggested that there was no proven technological advance that would allow "business as usual" to continue. (photo credit: D Sharon Pruitt, via flickr user Pink Sherbet Photography)The New Economics Foundation (NEF) said "unprecedented and probably impossible" carbon reductions would be needed to hold temperature rises below 2C (3.6F). Scientists say exceeding this limit could lead to dangerous global warming. "We urgently need to change our economy to live within its environmental budget," said NEF's policy director.

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