Financial meltdown threatens climate change discussions

September 30, 2008 · Print This Article

First, lets start with the poor news; the Kyoto Protocol runs out at the end of 2012. Now, even worse news — the current financial meltdown is making climate-change pretty low on the political priority list.

A summit scheduled in Copenhagen by the end of 2009 is supposed to finalize what will succeed the Kyoto Protocol, and there are concerns that getting the world community to agree on something in that economic period is not going to be fun.

The German Foreign Minister said in a recent conference on climate and energy, that the aly super-difficult situation of fixing global warming has just gotten a heck of a lot harder.

While a lot of us take in about the

dangers of global warming, the dire predictions still sound a bit abstract. Many right now see that as hitting polar bears much more than our daily lives. When a bank collapses, however, it’s a pretty instant big deal to anyone involved in the economy.

In the coming months, the media will plus be placing much more emphasis on the economy — pictures of freaked-out stock traders are way more dramatic than a bunch of suits meeting in Copenhagen to discuss a follow-up to an agreement that the US never signed.

Then again, who knows? possibly the world could get calmer and figure out how to manufacture climate-change a market-saving endeavor and greenify our way to a stronger economy.

[Source] Eugene Sandhu

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