"Reshape economy to fight climate crisis"
Reshape economy to fight climate crisis, says Prince Charles
"The Prince of Wales has urged business and political leaders at Davos to embrace a radical reshaping of economies and markets in order to tackle the climate crisis.
In a special address at the World Economic Forum on Wednesday, Charles outlined a 10-point plan to help the global economy become more sustainable including the imposition of green taxes and investing in environmentally friendly technologies.
He argued that taxes, regulations and policies could all be changed, as part of a drive to reverse environmentally damaging subsidies such as financial assistance for the fossil fuel industry. He also cited the “polluter pays” principle that requires those who create environmental damage to pay for the clean-upwww.theguardian.com/...
Charles, who also met the climate activist Greta Thunberg at the summit, urged the private sector to use its ingenuity and practical skills to help lead the world out of a climate calamity. “The only limit is our willingness to act and the time to act is now.”
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“In order to secure our future and prosper, we need to evolve our economic model,” the Prince told an audience of politicians and business and civic leaders at Davos.
“Do we want to go down in history as the people who did nothing to bring the world back from the brink in time to restore the balance, when we could have done?”
Charles, who is supported financially by the £1bn Duchy of Cornwall, made a direct challenge to some of the world’s wealthiest people gathered at the Swiss ski resort to think about more than money.
“What good is all the extra wealth in the world gained from business as usual if you can do nothing with it except watch it burn in catastrophic conditions?” he said.
www.theguardian.com/...
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‘In the UK, 2018 and 2019 were the worst two years on record for wildfires, particularly on moors in the north-west of England and parts of Scotland.’ wildfires burn on Marsden Moor in April 2019.
We look at the devastation of Australia’s bushfires and don’t believe it could happen here. But it already is
www.theguardian.com/...
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