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March 13, 2008

Financing the Global Warming Debt

Global Warming

Global warming can be considered interest for the past deposits in the form of abuse and disregard that people have given the environment. Global warming can be cured but it will not come from natural means or self-healing prowess. It needs finances but the question is where will be the funds come from?

Apparently this will be the topic for discussion when most of the world powers will be holding a weekend meeting outside Tokyo to discuss the global warming epidemic. While it is more than charity overall, it really caters more towards helping resolve the global warming issue that continues to become a growing pain for all of us.

“We want to see that this is not a matter of charity,” he said, adding that pollution caused by wealthy nations has caused the crisis that poorer nations now have to grapple with.

The conference starting Saturday is part of a dialogue launched at the2005 summit of the Group of Eight industrialized countries in Gleneagles, Scotland. Former British Prime Minister Tony Blair was scheduled to address the group at the opening session.

The meeting was part of the flurry of dialogues and conferences in recent months centring on efforts to stem the rise in world temperatures before it triggers devastating environmental damage

(Source) TV3

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