Sentences with phrase «global financial catastrophe»

«Just as we confronted global financial catastrophe in 2008, today, with climate change, we face outsize risk with enormous potential for harming our way of life,» he told Audubon.

Not exact matches

Andrew Simms is right to highlight the inadequacies of the carbon trading system, which seems to be yet another way for the financial sector to try to make large sums of money, rather than a serious attempt to stave off global catastrophe (18 April, p 22).
According to editor Tiffany Godoy, who is a veteran of the Tokyo fashion industry, a lot of it had to do with the global financial crisis in 2011, followed by the Tōhoku and Fukushima catastrophes, which hurt consumer confidence and saw the world's third - largest economy to fall into years of tepid growth and deflation.
The government's actions to avoid financial collapse last fall — as distasteful and unfair as some undoubtedly were — were unfortunately necessary to prevent a global economic catastrophe that could have rivaled the Great Depression in length and severity, with profound consequences for our economy and society.
One, «Course of Empire,» inspired by a series of paintings by Ed Ruscha, looks at how artists have responded to major global events, including 9/11, Hurricane Katrina and the financial catastrophe of 2008.
However, with the price of food rising much faster than the global mean temperature, I suppose it is really not terribly surprising that financial analysts would seize on the potential catastrophe that is most immediate (especially if there are no major energy companies waging a campaign to confuse the issue).
In the long term, global warming will lead to a further increase in weather - related natural catastrophes, the financial impact of which will have to be borne by insurers and the public.
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