Recession lowers emissions
November 13, 2009 by green team
Filed under Business, Green Reporter, Tech & Science
“The rise or fall in emissions naturally correlates to economic growth,” said Satoshi Hashimoto, a senior climate- change researcher at Mitsubishi Research Institute Inc. in Tokyo. “Whichever way the economy goes, there’s a tough road ahead for companies. When the economy is up, emissions rise. When it’s down, companies are short of money to invest in clean technologies.”
