Emissions pricing revenues could overcompensate profit losses of fossil fuel owners

http://feedproxy.google.com/~r/sciencedaily/~3/UryWl269bEM/131105093233.htm

Revenues from global carbon emission pricing could exceed the losses fossil fuel owners suffer from this policy. Stabilizing global warming at around 2 degrees Celsius by cutting greenhouse-gas emissions from fossil fuels would mean to leave much of coal, gas and oil unused underground.

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