Are 30% Emissions Cuts Key to Economic Recovery?

The debate was already raging over whether 30% cuts in carbon emission would mean deindustrialization or green growth. Now, according to Business Green, a new report from the Potsdam Institute suggests that the 30% emissions cuts could actually be the key to economic recovery:"The report claims that by 2020 the additional investment would help create up to six million extra jobs and increase GDP by up to €620bn, compared to the current target. It concludes that far from exacerbating the economic downturn, "post-crisis Europe can revitalise its economy by tackling the climate challenge"."

Tags: Carbon Emissions | Economics

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