Regarding your recent editorial on the impact of climate change on the economy, I agree that resolving the issue of climate change would not be an economic failure but rather a success ("The economic climate," June 24).

Aside from the fact that if climate change is ignored the situation of the economy will become an issue of infinitely less importance than the condition of our planet, exploring solutions to the problem will open many opportunities to improve the economy.

At current rates of consumption, there is an estimated 50 years of oil left in Earth's crust. When this runs out, it will have a major negative impact on the economy, especially on the oil refining and transportation industries.

However, resources such as solar power, wind power, hydroelectric and geothermal energy have almost unlimited availability. Many businesses can make use of these natural resources to replace the current, non-environmentally friendly businesses with clean, sustainable new industries.

Austin Cooper

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