Rentoid blog

Here’s a statement from  Bill Clinton regarding climate change, economic growth and distribution of income.

Bill Clinton recently said:

“The largest obstacle [to preventing climate change] is the continued clinging of people in wealthy countries and developing countries to a big idea that is no longer true - the idea that the only way a country can become wealthy and remain wealthy is to have the patterns of energy use that brought us the Industrial Age. In other words, if you’re not burning more oil and coal this year than you were last year, you’re not getting richer; you’re not creating more jobs; you’re not lifting more children out of poverty. That is no longer true.

We now know that technologies that permit breathtaking advances in energy conservation, and the use of alternative forms of energy, make it possible to grow the economy faster while healing the environment, and that, thank God, it is no longer necessary to burn up the atmosphere to create economic opportunity.”

                      Kudos Bill.