An educational website including the career interests of innovators with a STEM,business and political science orientation.
Tuesday, July 8, 2008
A Massive Shift
Prime Minister Gordon Brown,who has been in office a little over a year now,observed that we are witnessing a massive shift in the world economy.It is a shift of power to Asia.The challenge of this global change is to make it both inclusive and sustainable.We are seeing the worst food shortage in 30 years.The worst thing we can do is cut the subsidies to developing countries.It would be a huge mistake to cut that aid,Mr.Brown warned.In Britain's case,we will soon be 80% dependent on other countries for gas.We have a once in a generation chance to reduce our dependence on oil.We will soon become the world's leading offshore wind energy producer.We're dealing with a massive expansion of demand for oil from Asia.China is building 100 airports a year and 1,000 cities a year,while adding 10 million cars a year.We need a new green revolution in the developing countries.You will need a body the size of the World Bank to ensure the flow of money to the developing countries for implementing climate change reform,Mr.Brown estimated.
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