The ecological bubble
The real estate bubble has burst. Denis Hayes, president of The Bullitt Foundation and a pioneering solar engineer and advocate, thinks the world will work its way out of the its economic morass “in three months or three years.”
But, he warned a large audience at the SOLAR 2009 Awards Banquet on Tuesday evening, “Recovery is mostly bad news. Behind it is an ecological bubble. Economic bubbles inevitably lead to collapse, and so do ecological bubbles – and there’s no recovery from an ecologica [...]
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