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.
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Friday, 6 June 2008
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