Page added on July 1, 2006
The ChronicleHerald.ca – Abrupt climate change may soon force governments to choose between feeding people and fuelling SUVs, a respected investment firm says in a new study.
Toronto-based Sprott Asset Management says global warming is occurring faster than expected and rising demand for so-called green fuel will cut into food supplies.
The investment firm produced a bleak study that also predicts increased regulation and ballooning deficits as governments try to cope with more frequent climate-related disasters while building new infrastructure to reduce carbon emissions. Hyperinflation is seen as a plausible result.
The ChronicleHerald.ca
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