economics

This post is part of WRI’s “Extreme Weather Watch” series, which explores the link between climate change and extreme events. Read our other posts in this…

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p>The global recession has brought new attention to chronic structural
flaws in current economic models and assumptions. As economies struggle
to recover, many are taking a closer look at the broad concept of a
“Green Economy,” one that simultaneously promotes sustainability and
economic growth What would this type of economy look like, and how could we get there?

President Obama delivered his annual State of the Union address setting new goals for America’s energy future.

Here are some of the targets he announced:

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  • By 2035, 80 percent of America’s electricity should come from clean energy;

  • By 2015, America should have 1 million electric vehicles on the road; and

    Last week at the UN Convention on Biodiversity, the World Bank launched a new program that aims to put a value on a country’s ecosystems in the same way a country measures its national income and product accounts, or GNP and GDP.

    Global economic recovery plans are green—but not yet green enough.

    Leaders of the world’s largest economies are meeting this week in London to take on the daunting task of getting the global economy back on track. By coincidence, international climate negotiators are also meeting this week in Bonn attempting the same for the global climate.