09.12.2009 - Extra $500 bln needed without immediate deal on climate change: IEA
From Xinhua: A failed deal in the Copenhagen climate conference will call for an extra investment of 500 billion U.S. dollars to cope with global warming, the chief of the Paris-based International Energy Agency (IEA) said here on Tuesday. "If there are no immediate measures to reduce the emission of carbon dioxide, 500 billion U.S. dollars should be additionally invested to redeem the delay and to retrieve the trajectory" that limits the increase of global temperature around two degrees Celsius, Nobuo Tanaka said at a press conference...................................Full Article: Source
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