Half the cuts in greenhouse gas emissions needed to make the world safe can be achieved at a net profit to the global economy, according to a report from consultancy McKinsey, The Financial Times says.
Half the cuts in greenhouse gas emissions needed to make the world safe can be achieved at a net profit to the global economy, according to a report from consultancy McKinsey, The Financial Times says.
The report concludes investment in energy efficiency of about $170 billion a year worldwide would yield a profit of about 17%, or $29c billion.
This investment, encompassing only energy-saving measures that could be done quickly and at minimal cost, would also cut carbon dioxide emissions by about half the amount needed to stabilize the gas at about 550 parts per million, the limit of safety according to the Intergovernmental Panel on Climate Change, it says.
McKinsey made its estimate by including energy-saving measures that would yield a return of 10% or more on the investment required, through lower energy consumption. It estimated the energy saved from such efficiency measures would be equivalent to 64 million barrels of oil a day, while the cost would amount to about 0.4% of GDP.
Διαβάστε ακόμα
Τρι, 5 Νοεμβρίου 2024 - 18:56
Τρι, 5 Νοεμβρίου 2024 - 18:53
Τετ, 30 Οκτωβρίου 2024 - 18:54
Τετ, 30 Οκτωβρίου 2024 - 18:46
Παρ, 25 Οκτωβρίου 2024 - 20:10