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Environment

Climate Change Fight Will Help Global Economy, Al Gore Tells Toronto Conference

by The Daily Eye Team July 14 2015, 4:05 pm Estimated Reading Time: 0 mins, 40 secs

Former U.S. vice-president Al Gore said fighting climate change will be a boon to the global economy, despite critics? fears that abandoning fossil fuels will cripple world markets. Businesses will lead the world out of the climate crisis, Gore said in an optimistic speech on the final day of the Climate Summit of the Americas. Cheap energy, he said, allows businesses around the world to finance their operations. The renewable energy sector is a rapidly growing market. ?The thrilling news is the cost of renewable sources of energy is plummeting much faster than anyone expected they would,? he said. The economy is already converting to one with an environmental focus and costs for alternative energy sources such as solar and wind energy will continue to drop, he said.

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