Friday, September 9, 2011

Invest 1% GDP to Improve Public Transport - southindia - Andhra Pradesh - ibnlive

Invest 1% GDP to Improve Public Transport - southindia - Andhra Pradesh - ibnlive: "PUDUCHERRY:� The government needs to invest at least one percent of the Gross Domestic Product (GDP) in public transport systems to reduce the number of vehicles on the road and reduce emission of green house gases (GHG) to create sustainable cities, said Peter Head, director of Arup.
Speaking at a workshop on ‘Regenerative Townships of Tomorrow’, organised at Auroville on Thursday, he said such a measure would reduce GHG by 78 per cent. “Costs of mitigation of around 1% of GDP are small relative to the costs and relative to the risks of climate change that will be avoided,” Peter� said"

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