Tuesday, July 22, 2008

Gore 10 Year Challenge

In a speech delivered in Washington, Al Gore has urged America to totally shift from fossil fuels to renewable energy within 10 years. Whilst admitting it was a tough target, he also said it was achievable and affordable; and would renew the economy by removing the dependence on foreign fuel.

Mr Gore says government promises are too long-term and action must be taken now on climate change. "A political promise to do something 40 years from now is universally ignored because as everyone knows it's totally meaningless". Mr Gore nominates the most important policy change could be to tax what we burn, not what we earn.

[Bloomberg report][ABC report]

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