
Curbing the emissions of the green house gases has been the utmost priority of the Industrially advanced nations, Be it the Kyoto Protocol or the G-8 Summits, Nations worldwide have been striving hard to reduce the global emission levels.
The Beijing olympics had been a major break through in achieving a short term achievement in curbing the emissions as highly polluting industries were shutdown for a period of 6 months during the olympics and prior to the olympics , during which a significant improvement in the quality of air was reported.
Economic downturn can inturn be a blessing in Disguise for "Mother Nature". The recessionary trends have resulted in causing huge dips in sales of many companies forcing most of them to shutdown. The coupling theory effect has resulted in further aggravating the situation of manufacturers in developed, developing and underdeveloped economies which were much "Export Oriented". These economies have depended upon their sales overseas to sustain their existence. Be it China, who depend much on the exports than the domestic demand or Iceland whose major source of Contribution to their GDP is the Income from Fishing, Owing to its Manufacturing Hub Image, Firms worldwide have zeroed in on China as their manufacturing Destination, Owing to the global slowdown, Many Industries have been shut down, with domestic demand failing to meet the Producer expectations , many Industries like the Steel Sector, Cement Sector, Manufacturing Sector have been facing the wrath of the slowdown.
With recession round the corner,The Aviation Industry worldwide has been witnessing excess capacity issues forcing most of the players to either reduce the frequency or flights for the same destination, The Ship Breaking Industry considered to be one of the biggest environmental disasters has witnessed a vast number of outsourcing to underdeveloped and developing economies like Bangladesh and India respectively. The Automobile Industry in the US saw the death of 3 Major Players namely Ford,GM and Chrysler , This itself is the aftermath of slump in automobile sales including the sales of the heavy weights ,followed by unforeseen increase in inventories.
The concept of carpooling has already taken centrestage in few of the developed economies providing ample growth potential for the novelty concept, If these concept can be implemented successfully worldwide, the success of carpooling can be assured owing to its economic factors, the other side of it being the scope to reduce the pollution levels drastically.
Hope the global green house gas emissions reduce drastically paving way for a greener tomorrow, Moreover Tech Firms like IBM,Philips have started to evolve the Think Green concept, Global Energy Giants like Areva of France have started to unleash the potential of renewable resources of energy like Wind,Water and Solar Energy. Emergence of Nuclear fuel as a "Pro-mankind" source of energy is evident.The emegence of Euro-IV for cars worldwide and Bharat-IV for the Indian cars is well appreciated.Quest for alternative sources of fuel is still unconquered,The concept of Carbon credits is yet to enter the Indian Terrain, Its been a big hit overseas. On & On Recession may be bad for you and me, but it is likely a "Breather for Mother Nature".


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