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Climate change remedies 'affordable'

RATE THIS! +31
Posted in Science on 16th Sep, 2014 07:54 PM by AlexMuller

Politicians will put the world economy at risk if they fail to tackle climate change, a global commission has warned. The body, a group of chief executives, former prime ministers and finance ministers, argues the cost of tackling climate change is modest. Adding 5% to the $6 trillion a year to be spent on power and transport projects could buy clean technology.

 
Critics say the report is too optimistic. The Global Commission on the Economy and Climate was set up by seven governments and informed by research organisations around the world. It is chaired by former Mexican President Felipe Calderon and advised by Lord Stern, former UK government economist and author of a previous review of climate change economics. Its report says one key to safeguarding the climate is to change spending priorities for new infrastructure.

Tags: climate changeglobal warmingpollutionenergy

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Comments

Author: Guest
Posted: 2014-09-17
+1
It would be interesting to know how the estimates to protect environment and global warming were made- what requires urgent and what the biggest investment? In any case changing to environment friendly energy is important and also will require substantial funds Reply


 

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