Thursday, February 14, 2008

50% of Greenhouse Gas Cuts Could be Made at a Profit

U.S. (TGW) – Half the cuts in greenhouse gas emissions needed to lower carbon dioxide to the IPCC recommended level can be made at a net profit to the global economy, a study has found.

The IPCC recommended level is 550 parts per million (ppm) of CO2, twice the amount of before the industrial revolution.

The study concluded a global investment of $170 billion would often a 17% profit of about $29 billion. The investments would only encompass energy saving measures and could be done quickly and at a minimal cost.

Via :: Financial Times