IEA: New Report Says $46 Trillion More to Clean Tech by 2050

07.20.2010 | 02:07:00 am | Posted by WattHead

Originally posted at the Breakthrough Institute.In a recent IEA report intended to inform and guide climate and energy policy decision makers, the Energy Technology Perspective 2010 (Exec. Summary; full report purchase required) demonstrates that the clean technology revolution will require an additional $46 trillion investment (beyond energy infrastructure investment expected in BAU scenarios) if we intend to halve carbon emissions by 2050 (from 2005 levels). And, the IEA adds, a carbon price alone will not be sufficient to drive that level of investment. According to E&E coverage (subs. Req'...

 
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