World Economic Forum Wants $10tn to Save the World
More than $10 trillion must be invested in clean technology between now and 2030 to spare the Earth from an unsustainable increase in global temperature, the World Economic Forum warned today.
A report from the body that organises the Davos meeting of political and business leaders said at least $515bn should be spent annually on measures to limit carbon emissions.
The study identified eight emerging, large-scale clean energy sectors that were seen as playing a crucial role in the transition from fossil fuels to a clean energy strategy over the next two decades. These were: onshore wind, offshore wind, solar photovoltaic, solar thermal electricity generation, municipal solar waste-to-energy, sugar-based ethanol, cellulosic and next-generation biofuels, and geothermal power.
January 29, 2009
for complete article:
http://www.guardian.co.uk/business/2009/jan/29/davos-green-energy
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