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    Financial Times: Global warming: Climate change needs action but it has a cost

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Summary

Carbon Tracker, a UK based think-tank, has studied the potential financial effects of serious climate action. Report says action on climate change could be more significant than expected but comes at a cost.

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Press Notes

Financial Times: Global warming: Climate change needs action but it has a cost

The plodding pace of global talks on curbing climate change is familiar to anyone with an interest in the issue.

Governments have spent nearly two decades trying to stem the carbon dioxide emissions scientists say are responsible for global warming, and yet they keep increasing.

But what if this changed? What if countries agreed to take more urgent action to cut back the carbon emissions produced by burning fossil fuels such as coal, oil and gas? MORE