The current global economic paradigm of infinite growth based on using up a finite amount of resources, such as fossil fuels, will only deliver a “permanent triple whammy of inflation, climate chaos and conflict”, the UN chief warned on Friday. António Guterres was addressing the Major Economies Forum on Energy and Climate in Washington DC, convened by the United States top climate envoy, John Kerry, and hosted by President Joe Biden. The meeting included countries representing 80 per cent of global GDP, population, and greenhouse gas emissions, according to the White House. The growth solution was clear, the Secretary-General told representatives: “We do have infinite resources at our disposal when it comes to energy needs. Wind, sun, and tides never run out. If we can successfully replace finite, polluting fossil fuels with infinite renewable resources, we can make the energy equation add up.”
By UN News. June 17, 2022.
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