Financial Crisis Elbowing Out Climate Change

Expect to see more stories like this:

LIMA (AFP) – Climate change is fading as a priority in the Pacific Rim as the gloomy state of the global economy takes precedence, a survey of opinion leaders showed Wednesday. The private Pacific Economic Cooperation Council released an annual survey of leaders in government, business and media ahead of a summit in Peru of 21 Asia-Pacific nations, which account for more than half the global economy. Twenty-four percent of some 400 opinion leaders surveyed said the top priority for Asia-Pacific leaders should be addressing the US-bred financial crisis, far outweighing other issues. Last year, the top priority was reviving stalled global trade negotiations, at 12 percent, but climate change came close at eight percent. Global warming did not even figure among the top priorities this year.