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Paris Climate Deal Seen Costing $12.1 Trillion Over 25 Years

2016-01-28 22:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: If the world is serious about halting the worst effects of global warming, the renewable energy industry will require $12.1 trillion of investment over the next quarter century, or about 75 percent more than current projections show for its growth. Thats the conclusion of a report setting out the scale of the challenge facing policymakers as they look for ways to implement the Paris Agreement that in December set a framework for more than 195 nations to rein in greenhouse gases. The findings...

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