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Fossil fuels and vested interests: a society in denial

2013-04-18 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The report released by Lord Stern and thinktank Carbon Tracker paints a picture of society in denial. It shows we're pumping almost $700bn (458bn) of hard-earned savings and pensions annually into finding new reserves of fossil fuels, even though it's clear that almost all of those reserves will have to be written off to provide a decent chance of keeping the planet safe. The ever-inflating "carbon bubble" is only part of the bigger picture, because most of the world's fuel around three-quarters...

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