Sustain Our Earth
58
News that effects the sustainability of life on Earth
Follow
Scooped by SustainOurEarth onto Sustain Our Earth
Scoop.it!

James Hansen Slams Joe Nocera For Failure To 'Understand Basic Economics' And Selective Quotation | ThinkProgress

James Hansen Slams Joe Nocera For Failure To 'Understand Basic Economics' And Selective Quotation | ThinkProgress | Sustain Our Earth | Scoop.it
You might think an A-list business reporter for the NY Times would know basic economics. But not in the case of Joe Nocera.
No comment yet.
Your new post is loading...
Rescooped by SustainOurEarth from The Great Transition
Scoop.it!

Ignoring natural capital could see countries' credit ratings downgraded

Ignoring natural capital could see countries' credit ratings downgraded | Sustain Our Earth | Scoop.it

"A report by the UN Environment Programme's Finance Initiative (UNEP FI) says loss of soils, forests, and fisheries, as well as rising resource costs, are likely to become increasingly important to a nation's economic health – and may therefore affect its ability to repay or refinance sovereign debt."

 

This excellent report makes the link between the world's financial debt crisis and the global ecological debt crisis. The debate on austerity gets a completely different dimension if you look at this double challenge.


Via Willy De Backer
No comment yet.