Benefits Outweigh Costs for Climate Action, IEA Report

The benefits of combating climate change far outweigh the costs of taking action, finds a new far-reaching report by the International Energy Agency (IEA). An excerpt of the World Energy Outlook report was released during the Bangkok UNFCCC meeting, setting out the latest greenhouse-gas emissions trends in light of the financial crisis. Among the findings, the report claims that $10 trillion over the next two decades is necessary to accelerate innovation in clean energy technologies in order to stabilize carbon dioxide in the atmosphere at 450ppm.  Read more at Environment News Service