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Limiting global warming to 2-degree rise will require $180/t carbon price says energy think tank http://apocadocs.com/s.pl?1226619462
In a report released Wednesday the International Energy Agency warned that a business-as-usual approach to energy use would result in a 6-degree rise in temperatures putting hundreds of millions at risk from reduced water supplies and diminished agricultural production. But the energy think tank said that limiting temperature rise to 2-3-degree-rise by the end of the century would be "possible, but very hard."... "Current trends in energy supply and consumption are patently unsustainable -- environmentally, economically and socially -- they can and must be altered," said Nobuo Tanaka, Executive Director of the International Energy Agency (IEA).
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