Climate cost is racking up

The world will have to spend an extra $500 billion to cut carbon emiss-ions for each year it delays implementing a major assault on global warming, the International Energy Agency said yesterday.

Every year’s delay beyond 2010 would add another $500 billion to the extra investment of $10.5 trillion needed from 2010 to 2030 to curb carbon emissions, for example to improve ene-rgy efficiency and boost low-carbon renewable energy.

Categorized | Business News

Tags : 10-5-trillion, curb-carbon, delay-beyond, extra, global-economic, global-warming, jobs, leading-the-way, robert-zoellick, the-government, year-it-delays

LATEST NEWS HEADLINES

• Fox Star Studios organises trade summit in India
• Preity Zinta goes for dinner with Serena Williams
• Siddharth Malhotra’s next is father-daughter story featuring Rishi Kapoor
• "Whenever Sajid Khan will direct Akshay, I’ll produce" - Sajid Nadiadwala
• The Film Emotional Atyachar gets clearance from HC to retain title

ALSO IN THE NEWS

Months after his release from a federal prison the rapper T.I. was arrested Wednesday night with his wife in Los Angeles on drug charges, The Associated Press reported. T.I., whose given name is Clifford Harris, was arrested at a traffic stop in West Hollywood and accused of possession of a controlled substance

MORE STORIES

• Dare County Nc Updates
• Onslow County Schools
• Auto sales flat in Canada, stall in US
• Impressive Earl intensifying, turning up coast
• Discovery gunman shot dead; 3 hostages safe
• Apple’s ‘Ping’ the last nail in the coffin for MySpace

Metrolife

Health News

MORE NEWS HEADLINES

• ‘Dancing With the Stars’ Season 11 Cast Revealed
• Tony Blair on Gordon Brown: in quotes
• Paris Hilton arrested on cocaine charge
• Number of illegal immigrants in US now declining
• James Jay Lee Latest News
• The first promo of ‘Golmaal 3′ is sure to create a dhamaaka