After COVID19 will world choose Economy over climate change? As the world enters into the crucial stage of spread of corona virus, few debates have started regarding after effects of corona virus situation all around the globe.
As of now the world’s economy is degrading and production all around the globe is diminishing due to the situation. But on the other hand the ozone layer is regenerating and nature is regenerating and healing itself. This is an uplifting news for nature but what will be the consequences when economy takes backs its role rigorously as to cover the damage. The result will be very bad if economy is chosen over climate change.
There are positive thinkers, as Microsoft author Bill Gates, who feel that the worldwide pandemic reaction will change the manner in which governments see global collaboration, to improve things. Be that as it may, the inverse may well occur—nations may turn progressively isolated, patriotism may erupt, and any worldwide worries about the existential risk of environmental change could be set aside for later. As of now, the world’s greatest producer, the US, has hamstrung environmental change alleviation endeavors by loosening up eco-friendliness measures for vehicles. The past system, marked by Barack Obama, had demanded multi year-on-year increment in eco-friendliness of 5%. The new law, under Donald Trump, dials this back to 1.5%.
This would simply imply that the US would discharge an extra 900 million tons of CO2 into the climate. The US Environment Protection Agency (EPA), declaring this on 31 March, said this “finds some kind of harmony”. The Trump organization is clearly in no state of mind to respect universal understandings. The seriousness of the pandemic across Europe could sound death plan for the EU’s aspiring Green Deal plan for making their economy increasingly feasible. The EU itself may deteriorate, as the Spanish PM cautioned as of late, except if there is adequate aggregate determination in battling covid-19.