SocraticGadfly: Financial crisis a green crisis or opportunity?

October 26, 2008

Financial crisis a green crisis or opportunity?

While conventional wisdom says the global financial crackup is nothing but bad news for greening the planet, other people say not so fast.

Specifically, look at global warming. In the short term, an economic slowdown means less hydrocarbon and carbon burning, and hence, a slowing in the amount of carbon dioxide introduced into the atmosphere.

And, some analysts think the challenges the financial crisis put up to “the market is always right” school of capitalism bodes well for the future. Read the full story for more of that thought.

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