"We will come out of this downturn and when we do, it will be the businesses which held their nerve and continued to invest that will come out of the downturn first [and] emerge stronger," said Iain Gray, chief executive of the UK government's Technology Strategy Board.
Iain Gray's comment was made last month at the launch of a new climate change/economics centre at the London School of Economics. (More anon.) Lord Nicholas Stern gave a speech at the launch, and although this was on October 7th, before the worst of the economic crisis unfolded, it's as valid now as it was then, if not more so.
Speaking to the Guardian before his speech, Lord Stern of Brentford "has suggested the credit crunch might provide an opportunity to invest in measures to tackle global warming as a way of stimulating economic growth."
Read more of Lord Stern's comments on our website:
http://globalwarmingopportunitiesguide.org/lordstern.html
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