The Economic Crisis and Climate Change
March 9th, 2009
McKinsey Quarterly just published this interview in which Economist Nicholas Stern says that we should use the economic crisis to address climate change.
“We need to have a reflationary package, which lays the foundation for future growth. And if we look into the future, it’s actually quite exciting. Because what we see is the biggest technological opportunity that we’ve had for a very long time: as big as the railways, as big as electricity, as big as the motorcar, and, most recently, information technology. It’s the opportunity to go for low-carbon growth.”


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