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Davos Report Calls For Additional $14 Trillion To Restrain Global Warming

2013-01-23 13:18:00| Climate Ark Climate Change & Global Warming Newsfeed

RedOrbit: The world must spend an additional $14 trillion on clean energy infrastructure, low-carbon transport and energy efficiency to meet the United Nations goal for capping the rise in average global temperatures, according to a World Economic Forum report released on Monday. The extra spending amounts to about $700 billion per year through 2030, and would provide economic stimulus along with reducing the costs associated with global warming over the long haul, said former Mexican President Felipe...

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