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Minimum CO2 price of $32 needed to curb warming, study shows
2014-06-16 16:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: A global carbon price of at least $32 (24 euros) per tonne is needed by 2015 to apply an effective brake on global warming -- almost five times today's European market rate, a study said Monday. Co-authored by British economist Nicholas Stern, an authority on the costs of climate change, the report reviewed a widely-used model for assessing risk and found it led to a "gross underassessment" of danger. This beefs up the case for strong cuts in greenhouse gas emissions, helped by a carbon price "in...
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Category:Electronics and Electrical