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Tuesday, 02 June 2009

News from the French press

The global economic crisis and global warming represent two of the most important issues of our time.  Enormous amounts of time, personnel, and resources have been spent in attempts to stem the exponential continuation of both of these problems.  Jakob von Weizs├Ącke, member of European think tank Breugel, offers a simple solution; green the debt ("Verdir la dette").  This idea, proposed in Alternatives Economiques, consists of instilling emissions quotas and internationally taxing countries for their CO2 emissions in order to provide stimulus funds.  Such green fiscal reciepts would simultaneously ameliorate the environmental situation and create a coordinated debt relief effort. 

Posted in Miscellaneous by dk at 3:53 PMPermalink

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