Tuesday, January 17, 2012

'Green shift' Could Save Up To $2tr

'Green shift' by developed economies could save $2tr
Smarter resource use in carbon, steel and iron sectors can bring change

January 17, 2012 - Dubai: A "green shift" could save mankind up to $2 trillion (Dh7.3 trillion) by 2030 through resource-efficient measures across just three sectors — carbon, steel and iron — in the major economies alone, according to a new World Economic Forum report.

The report, More with Less: Scaling Sustainable Consumption and Resource Efficiency, reveals that sustainability efforts are stuck in "pilot paralysis", with slow progress on intergovernmental cooperation.

"A simple light bulb illuminated a whole new world of opportunity for me, enabling me to study day or night. This memory has stayed with me throughout my life. I want the same opportunity for all children," Ban Ki-moon, secretary-general of the United Nations, told audiences at a speech at the World Future Energy Summit yesterday.

"That is why I say energy poverty must end. Development is not possible without energy. It is neither just nor sustainable that one person in five still lacks access to modern electricity. It is not acceptable that three billion people have to rely on wood, coal, charcoal or animal waste for cooking and heating," Ki-moon said. read more>>>

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