Putting a price tag on the 2 degree Celsius climate target

http://feedproxy.google.com/~r/sciencedaily/~3/ptWS88hrXe8/140702111003.htm

Addressing climate change will require substantial new investment in low-carbon energy and energy efficiency — but no more than what is currently spent on today’s fossil-dominated energy system, according to new research. To limit climate change to 2 degrees Celsius, low-carbon energy options will need additional investments of about US $800 billion a year globally from now to mid-century, according to a new study.

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