Environmentalism No Threat to Growth:Panel

The cost of reducing emissions of carbon dioxide and other gases, which lead to global warming, is only one-seventh what opponents predicted.

Published: 02-Feb-2004

America can grow its economy and combat global warming at the same time, a business leader and a prominent environmentalist agreed here Thursday.

DuPont is a good example. Paul Tebo, a corporate vice president, said the company has reduced its greenhouse gas emissions by 67 percent since 1990 without its profits suffering. "Our goal is to never use more energy no matter how fast we grow," he said.

His co-panelist at a meeting of the Economic Club of Chicago, Peter Goldmark of Environmental Defense, asked jokingly, "Did he say giving to the environment ruins your bottom line?"



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