Investy and everybody else,
I would like to hear your take on the new report released by environment compaigners and wildlife groupes from Morocco and Europe. It basicly states that a tragedy is unfolding where construction firms are moving in on some of the last unspoilt stretches of Mediterranean coastline in the search for profits.I'm adding 2 quotes from a news artical by Reuters that concerns me a lot "ESCO's Benata said mega-projects such as Saidia were out of fashion in Europe -- Spain had begun copying a strategy pioneered on the French Riviera to reclaim land, demolish buildings and regenerate the ecosystem", "We produced a flooding scenario which shows most of the Fadesa complex could be under water by 2050 as global warming raises sea levels," said Maria Snoussi, earth sciences professor at Mohamed V University in Rabat. Scary stuff, isn't it.
I understand that if we keep doing what we're doing, Belgium+Holand+Manhatan will all be under water possiblly before Saidia. But I would like to know if such a compaign would have any negative impact on your investments...Thanks
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