Cleaning Up Economic Growth

British Prime Minister Tony Blair has promised that the G-8 meeting on July 6-8 at Gleneagles, Scotland, which he will chair, will focus on two of the most important and longstanding global problems—Third-World poverty and global warming.

For a long time, these two issues seemed to be at odds. The developing world understandably does not want to sacrifice its growth for a global public good, especially when the United States, the richest country in the world, seems unwilling to sacrifice even a little of its luxurious life style.

Led by Papua New Guinea and Costa Rica, a group of developing countries, a new rainforest coalition has now come forward with an innovative proposal, not only offering to commit to greenhouse-gas limits, but also showing how this can be done in a way that will promote their development.

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https://prosyn.org/a317xXB