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Citi Puts $44 Trillion Price Tag on Climate Change Inaction

Investing in low-carbon energy would save the world economy and society $1.8 trillion by 2040. Failing to take global action to avoid a climate change tipping point, moreover, will cost the global economy and society some $44 trillion by 2060, , according to Citi’s Altenative Energy and Cleantech Research Group.

A protestor at the Toronto G20 summit calling for an end to oil subsidies

Toronto G20 Summit Marked by Inaction on Climate Change

Despite the disappointing outcome at the Toronto 2010 Summit, the G20 remains our best hope of managing climate change. The G20 accounts for about 85 percent of the global economy and its members are responsible for the vast majority of climate change causing emissions. A healthy global economy is an essential precondition to an international effort to combat climate change.  The G20 has the ability to…

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Why Developing Nations Might Not Commit To Binding CO2 Targets In Bonn

A look at current climate negotiations from Bonn Germany in preparation for the COP15 Climate Talks in Copenhagen this December