European climate chief: Change growth model or crisis will go global
Europe’s commissioner for climate action, Connie Hedegaard, has stated that the current model for economic growth is not sustainable and could result in a global economic crisis if continued. Hedegaard equated the current Eurozone crisis with a future one of global scale. She said that economic models based solely on production and consumption are a recipe for failure and only serves to encourage overconsumption. Furthermore, the environment must be taken into account and these issues must be comprehensively addressed at the upcoming summit in Rio de Janeiro, Brazil. The summit in Rio this June takes place on the 20-year anniversary…
