No. of Recommendations: 9
The world’s largest investors, who manage over $32 trillion in financial assets, joined together to issue a strong warning to governments at the U.N. climate summit on Monday.

Without huge reductions in carbon emissions, and the phasing out of all coal burning, the world faces a financial crash several times worse than the 2008 crisis, they said.

...

Their solution is simple — ...fossil fuel subsidies must end and substantial taxes on carbon be introduced....

...

Nicholas Stern of the London School of Economics:

“The low-carbon economy is the growth story of the 21st century... You don’t create jobs for the 21st century by trying to whistle up jobs from the 19th century.”


https://www.politicususa.com/2018/12/10/lack-of-action-on-cl...
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