1/21/2009

Accelerating the Transition to a Greener Economy: A Key to Resolving the Current Economic Crisis?

Goal of this blog: This blog is to rally an energetic green community for promoting the accelerated transition to a greener economy. It identifies one of the more deeply rooted structural problems of this economy, i.e. the wasteful depletion of finite fossil fuels, and its relationship with three of the major problems facing the U.S. economy – global financial crisis, skyrocketing energy prices, and climate change. It explores the changes needed to solve these problems by examining the recent German experience with a Government-sponsored transition to a greener energy and economic structure, which contributed to export and job growth in the German economy. It attempts to demonstrate that the triple predicament of the existing carbon-based U.S. economy can be ultimately cured by a comprehensive visionary economic strategy of the U.S. economy in close collaboration with other major developed and developing economies.