09 Nov '11, 7pm

IEA’s bombshell warning: Act now or climate change is here to stay

IEA’s bombshell warning: Act now or climate change is here to stay

"[W]e cannot continue to rely on insecure and environmentally unsustainable uses of energy," said IEA Executive Director Maria van der Hoeven. "Governments need to introduce stronger measures to drive investment in efficient and low-carbon technologies." ... "As each year passes without clear signals to drive investment in clean energy, the 'lock-in' of high-carbon infrastructure is making it harder and more expensive to meet our energy security and climate goals," said Fatih Birol, IEA Chief Economist. The WEO presents a 450 Scenario, which traces an energy path consistent with meeting the globally agreed goal of limiting the temperature rise to 2 degrees C. Four-fifths of the total energy-related CO2 emissions permitted to 2035 in the 450 Scenario are already locked in by existing capital stock, including power stations, buildings and factories. Without further action by...

Full article: http://www.grist.org/climate-change/2011-11-09-ieas-bombs...

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