The Price Of Going Green

There are and have been many debates on whether or putting carbon emissions in check would be beneficial to the economy as much as to the environment in general. Many people advocate the opinion that concentrating on “going green” would be at the expense of economic necessities, such as industrial development and business expansion. Tackling this pessimistic view, leading Economist Professor Robert Repetto labored relentlessly to put together a unique interactive website where people judge see for themselves the cost of fighting planetary degradation, depending upon the steps or methods each elects to follow.

According to the remarkable initiative, consumers have a choice of some 27 Special Economy models, each of which takes into consideration different aspects and assumptions of both economic and environmental point of views. The entire venture aims at measuring what happens if and when carbon emissions are reduced and maintained below acceptable risk levels for environmental hazard.

According to conclusions reached in the investigations and research conducted by Robert Repetto, any of these methods, once adopted to cut down carbon emissions, would invariably be cost-effective on a long-term basis. These answers are further substantiated by findings from the McKinsey Report, a study on carbon mitigation. This latest report looks both at measures taken to reduce CO2 emissions and also at the economics involved in the process. In addition, it analyses the finding of investigations similar in nature to what Pr. Repetto claims all through his interactive website, such as taking measures for reducing carbon emissions which might be prohibitively pricey at present but which in the long run might not only constitute an excellent investment, but also offer the only course of action to keep our planet alive and self-sufficient.

If and when adopted, such measures would quickly pay for themselves, meaning that adopting them would basically insure self-financing. General assumptions are that the economy will literally explode in terms of profitability by the year 2030. The idea of such an economic boom remains valid despite predictions of doom in the near future owing to a general inability to curb carbon emissions. Economic costs remain unchanged no matter what type of model for saving the environment is chosen.

The interactive website Prof Repetto has created can be consulted by anybody to test his or her knowledge on keeping our planet green, while at the same time sampling what it would be like to choose any of the 27 listed models.

Most amazing of all is that no matter what model is chosen, the resulting answers are identical. Reducing carbon emission is an expensive yet critical mission that not only pays for itself in the end, but also improves the tempo of economic development. It therefore offers a Black & White type of proof where people can witness directly what stakes are involved, what costs with be implied and what will be the results to each of the 27 well-chosen models.

And so at long last is a way in which can easily prove what it means to have a green planet and gem-free environment, and its impact on the present and future global economy. All that remains is a matter of choice.

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