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Stark warning on costs of climate change.

Europe Intelligence Wire

| June 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Lloyds List)

ENERGY needs of the world can be fulfilled without storing up problems for future generations, contends one of the Green Party's leading personalities, Julia Stephenson, writes James Brewer.

She advocates tackling the energy dilemma both on a society and on a personal level she herself is starting action from her own home kitchen.

Ms Stephenson, a member of the Vestey 'beef baron' family but ironically a vegetarian, explains her concerns in an interview with Lloyd's List.

She says that reinsurer Munich Re has predicted that by 2060 the cost of damage related to climate change will outweigh the entire global gross domestic product.

Her party, which is fielding candidates in the European, Mayoral and London Assembly elections (she is vying for a seat in London), aims to ensure that energy needs are met constructively.

'Real progress means investing in sources of energy like offshore wind farms, wave and solar power, which do not cause global warming,' she says. 'The Green Party is committed to being more energy efficient so we do not generate power just to waste it.

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