Impact of global warming will rival great depression: Garnaut

Professor Ross Garnaut, author of the Australian government’s renewable energy companies have long agreed with.

Markus Lambert, communication manager of the Australian solar and wind company, Energy Matters, said that the best way to mitigate global warming and its effects on markets worldwide is to reward people for using renewable energy.

“If governments are serious about offsetting future market turmoil in the energy sector, they need to think further than the next electoral cycle. Investment in sustainable, clean energy can help stave off climate change,” he said.

“We need to be proactive in this battle. European nations have used feed-in tariffs that pay people for the energy they produce to great effect. Households with solar power systems can feed electricity back into the grid, and they get paid to do it.”

“Professor Garnaut is just confirming what most people already know. The fact is, ignoring the impacts of global warming will end up costing the world much more than it will to fix the problem. We need to get on with the job.”

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