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Let's Get Technological

G7 countries call for clean-technology fund for developing nations

Posted at 3:05 PM on 11 Feb 2008

The Group of Seven richest nations -- Britain, Canada, France, Germany, Italy, Japan, and the U.S. -- have called for investment in a multibillion-dollar fund to provide climate-change-fightin' clean technology to developing countries.

source:  Agence France-Presse

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Group of Seven

It is very telling that the 'economies' of the world all promote 'market-driven' ideologies geared to private enterprise success.  Until, that is, those ideologies lead them down the garden path.  Then, of course, private enterprise inevitably turns to governments for rescue from their overweening greed, and still couches their demands in economist double-talk.  

The solution to global warming will not be found by throwing money (an economist's favourite phrase) at it in expectations of somehow "making a decent profit."

Climate change will cost everyone an awful lot, and a lot of us our very lives.  

Des Emery

by Des Emery at 7:52 PM on 12 Feb 2008

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