Friday 6 June 2008

Green energy 'revolution' needed

A leading energy body is calling for a $45 trillion (£23 trillion) green revolution to tackle global warming.

The International Energy Agency (IEA) said nations must spend 1% of annual economic output on new technology to halve carbon dioxide emissions by 2050.

It warned that without action, CO2 emissions would rise by 130% and oil demand would jump by 70% by the middle of the century.

But the IEA added that meeting the new target would be a formidable challenge.

full article

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