Global Asia Energy-Climate
Posted in the Chicago Forum
Since: Jan 13
#1 Jan 26, 2013
OSLO (Reuters)- The world must spend an extra $700 billion a year to curb its addiction to fossil fuels blamed for worsening floods and heat waves and rising sea levels, a study issued by the World Economic Forum (WEF) showed on Monday.
As government and business leaders prepare to meet at the forum in Davos, Switzerland this week, the world's nations are divided over who should pay for lowering emissions of greenhouse gases blamed for a growing number of extreme weather events.
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