Can a UN climate change spark the world economy?



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    “…investment groups representing more than $13 trillion in assets called for a strong global agreement on climate policy on Wednesday, saying it would lead to a flood of investment into the low-carbon economy.” This was an excerpt from the article cited below published September 16 showing just how much a UN climate bill can help to spark the world economy. As long as governmental policies continue to support fossil fuel based energy through policies such as subsidies, renewable energies will face a greater challenge in getting off the ground. Potential investors in such technologies would be much more likely to invest their money in green technologies, creating jobs and economic development, if they felt confident there would be a market for their product.

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