c0fc633b588e7b8086d99d26017108251f8f86dc

Carbon price vital for zero-emission goal: World Bank

Emissions spew out of a large stack at a coal-fired power plant in Newburg, Maryland on May 29, 2014Safely reaching the UN’s climate target requires governments to have a long-term vision that includes carbon pricing, the World Bank said Monday. A price on carbon dioxide (CO2), the principal greenhouse gas, “is an efficient way to raise revenue while encouraging lower emissions,” the Bank said. United Nations members have set the goal of forging a pact in December for limiting warming to two degrees Celsius (3.6 degrees Fahrenheit) over pre-industrial levels. No timeframe has been set for achieving this, but the UN’s Intergovernmental Panel on Climate Change (IPCC) says a 2 C pathway requires annual greenhouse-gas cuts of 40-70 percent by 2050, compared to levels in 2010 — and to zero or below by 2100.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article