Green Capitalists

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Green Capitalists

25 Jan 2009

Leo Johnson introduces this discussion on green capitalism by showing why it is so important for our governments to act upon Climate Change, and examining the critical situation that we are faced with today. He poses the question: is our economy stable enough to sustain this new sector of growth?

The panel agree that there is a need for government regulation in restricting the market's competition, therefore limiting the choices of consumers. In this way development will be faster, easier and more direct. International governments also have a role of enforcing banks to lend in order to invest in these new markets. Without the authority of the government to impose regulations, the investment of capital into specific sectors of new technology will be inefficient, thus making any sustainable development unlikely. It is not the research into new technology that causes concern, but the direct approach to markets and their consumers which is an obstacle to sustainable development. This obstacle needs to be overcome.