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Saving the economy and saving the planet
Date:4/21/2009

efficiency in the building stock."

"The Budget will also need to incentivise private investment in low-carbon opportunities," he added. "And, finally, it should clearly signal an environmental tax reform that will give a robust price to carbon across the economy."

Professor Ekins is joined by Dr Alex Bowen, who recently took up an appointment at The Grantham Research Centre as a Principal Research Fellow. Dr Bowen points out that strong action against human-induced climate change is urgent and the current financial crisis could prove a timely opportunity. He says: "The need for a global fiscal stimulus provides an opportunity to lay the foundations for more sustainable low carbon growth when recovery comes - and at a lower cost than if the world economy were already working at full capacity."

The lecture is the last in the Global Financial Crisis series hosted by the Economic and Social Research Council, which has explored the impact of the recession on health and happiness and poverty.


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Contact: Danielle Moore
Danielle.moore@esrc.ac.uk
44-179-341-3122
Economic & Social Research Council
Source:Eurekalert

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