Financial crisis already delaying green projects

International Herald Tribune, Associated Press | Dec. 1, 2008 (News Report)

The global financial crisis already has delayed some green energy projects, stoking fears that a shortage of investment money will lead to cheap and dirty decisions on new power plants, the U.N.'s top climate official said.

Instead, investors should see the crisis as "an opportunity for green growth" as they replace up to 40 percent of the world's power generation over the next decade, said Yvo de Boer, the executive secretary of the U.N. ... Full Story »

Posted by Leo Romero

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Related Comments: Climate Change (9)

3.3

by Derek Hawkins - Dec. 1, 2008

A decent, factual report on calls from UN climate scientists to press forward addressing climate change despite the global financial crisis. This would have been a better read were it not for the canned press quotes from all the sources.

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3.0

by Leo Romero - Nov. 30, 2008

Leo posted this story.

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3.1

by Kaizar Campwala - Dec. 1, 2008

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1.6

by George Blahusiak - Dec. 1, 2008

Talk talk talk when there is a simple low cost solution that no one wants to know about. Why? Politics: the pursuit of power to exercise control. This item discusses none of the above

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3.5

by William Hughes-Games - Dec. 2, 2008

A sorry comment on the short sightedness of many politicians but good journalism.

This economic crisis is itself a "green" action forced upon us by the least green amongst us: the banks. As the crisis deepens, our footprint, including our production of green house gasses decreases. Fortunately another aim of our economies coencides with the necessity of reducing Carbon dioxide emissions. Namely the need of each country to greatly reduce energy imports. The money America sends overseas, for energy, comes back to buy up her ports, businesses and main street. I ... More »

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