Global Recession: Bad for the Economy, Good for the Environment
Posted by: JoshuaFurtado on Mar 2, 2011
Category: Industry Innovations
After decades of steady growth in the levels of carbon dioxide(CO2) in the atmosphere, the last 2 years have shown a decrease. Sure, some of this decline can be attributed to an increase in clean technology and hybrid cars, but a decrease in the demand for energy is also a factor.
There has been a reduced demand for energy as a result of the recent global recession. With the economy bouncing back, an increase in demand is sure to follow and with that increase comes higher CO2 production
. Some would read into the trend and say progress on the economy would mean disaster for the environment. But Forbes magazine
and the administration see this as an opportunity to spur on economic growth and save the environment.
From John Zinnah