Report: Reducing Global Warming Won't Derail World Economy

Articles: Report: Reducing Global Warming Won't Derail World Economy

Posted by Admin on Saturday, May 05, 2007 - 10:04 AM

Controlling global warming is economically feasible. Much of the technology already exists, but quick action is needed, according to the final report from the Intergovernmental Panel on Climate Change (IPCC.)

<i class="caption">Großansicht des Bildes mit der Bildunterschrift: The battle against global warming would cost 0.1 percent of the world's GDP

Steps to control global warming would require less than 0.1 percent of world's annual gross domestic product, according to the 24-page report released by the IPCC on Friday in Bangkok.

"If we continue to do what we are doing now, we are in deep trouble," said Ogunlade Davidson, co-chair of the IPCC. "This report is all about solutions to climate change."

The report presented a best-case scenario of limiting global warming to 2.0-2.4 degrees Celsius (3.6-4.3 degrees Fahrenheit), which is generally recognized as the threshold to avoiding the most extreme consequences of climate change.

<b style="">CO2 reduction still possible

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Controlling global warming is economically feasible. Much of the technology already exists, but quick action is needed, according to the final report from the Intergovernmental Panel o­n Climate Change (IPCC.)

Controlling global warming is economically feasible. Much of the technology already exists, but quick action is needed, according to the final report from the Intergovernmental Panel on Climate Change (IPCC.)