Warning: The Next Great Depression is Predicted

Warning: The Next Great Depression is Predicted
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A headline in today's Sunday Observer newspaper reads, £3.68trillion: The price of failing to act on climate change The figure comes from a UK Government commissioned report by Sir Nicolas...

Guy Brighton
  • 29 october 2006


A headline in today’s Sunday Observer newspaper reads, "£3.68trillion: The price of failing to act on climate change"

The figure comes from a UK Government commissioned report by Sir Nicolas Stern which warns of the  massive financial  consequences of failing to act on climate change now.  Commenting on the report Sir David King, the UK Governments chief scientific advisor said, "If no action is taken we will be faced with the kind of downturn that has not been seen since the great depression and two world wars."

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