SEARCH
A great gift
for crisis deniers!
Humoring the Horror of the
Converging Emergencies
94 color pages
$24.99 now $15!
Or read FREE online!
Twitter
Ping this story
in social media:
del.icio.us
Digg
Newsvine
NowPublic
Reddit
Facebook
StumbleUpon
|
 |
|
 |
|
 |
|
 |
|
The real Greek tragedy may be the climate http://apocadocs.com/s.pl?1318602858
GREECE is going to default, one way or another, that much is clear. The bigger question is whether it will also leave the euro and what that would mean. What is so far underappreciated is that a Greek exit would have appalling consequences for the climate....
The climate always takes a back seat when economies turn sour, but the impact of a euro break-up would be profound. Any country leaving the euro would also breach the treaties of Maastricht, Lisbon and Rome, and therefore be forced to leave the EU. A euro break-up is likely to shatter the EU, and with it the hard won architecture of climate policy.
For a start, the Emissions Trading System would be unlikely to survive....
There is much more riding on the outcome of the Greek crisis than the future of Europe or even the world economy. The danger is that a euro collapse could destroy the capital and institutions needed to combat climate change.
It is bitterly ironic that the meltdown of a minor economy that has little to sell but sunshine could condemn the planet to uncontrollable global warming.
|
|
 |
|
 |
|
 |
[Read more stories about:
economic myopia, carbon emissions, stupid humans]
|
 |
|
New!:
| |
|
No reader quips yet -- be the first! | |
|
Got a PaniQuip?
|
|
|
We reserve the
right to reuse, remove, or refuse any entry.
| |
|
|
'Doc Michael says:
|
|
|
 |
The irony fist of the marketplace.
|
|
|
|
|
Want to explore more?
Try the PaniCloud!
|
