Up to $44 trillion could be going up in smoke if the world does not act on climate change, according to the latest piece of research from U.S. banking giant Citigroup. The report – Energy Darwinism II: Why a Low Carbon Future Doesn't Have to Cost the Earth -- has forecast that spending on energy will hit around $200 trillion in the next 25 years. The study then examines two scenarios: one that Citi describe as an "'inaction' on climate change scenario", and another that looks at what could happen if a low carbon, "different energy mix" is pursued.
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Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/energy-darwinism-ii-why-low-carbon-future-doesnt-have-cost-earth
[2] http://admin.indiaenvironmentportal.org.in/category/publisher/citigroup
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/green-house-gases
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-dioxide
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/low-carbon-economy
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-economics
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-mitigation
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy-efficiency
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal-industry
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-capture-and-storage
[14] http://admin.indiaenvironmentportal.org.in/category/thesaurus/renewable-energy
[15] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[16] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
