IEA demands immediate halt to high carbon business-as-usual

Biomass

05-07-10

Governments must take immediate action to facilitate the development of low carbon technologies or face much higher bills in the long run, according to a major new report from the International Energy Agency (IEA).

Released yesterday, the Energy Technology Perspectives 2010 report warns that if greenhouse gas emissions do not peak by around 2020 and decline steadily towards the 50 per cent cut in carbon emissions by 2050 recommended by the Intergovernment Panel on Climate Change (IPCC) tackling climate change will become much more costly and could prove impossible.

Source: www.businessgreen.com/business-green/news/2265833/iea-warns-rising-costs-carbon

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Category: Carbon Emissions (CO2)and carbon capture, Climate Change, European Community