Friday, June 6, 2008

Tough climate goals cost $45 trillion by 2050: IEA. And The Climateer Quote of the Day

From Reuters:
A goal to halve planet-warming carbon emissions by 2050, similar to an aim Japan is urging G8 leaders to agree next month, would add $45 trillion to global energy bills, the International Energy Agency said on Tuesday.

"It's a lot of money,"
-IEA analyst Peter Taylor

told a meeting on the fringes of a climate conference in Germany, previewing the agency's Energy Technology Perspectives report to be published in Japan on Friday....MORE