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Carbon price of $30 needed to avoid 2°C climate target

2013-01-03 12:23:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: A global price of $30 per tonne of carbon dioxide needs to be introduced urgently if the worlds governments are serious about avoiding a 2°C warming target. Thats the view of Keywan Riahi, Energy Program leader at the International Institute for Applied Systems Analysis in Austria, and one of the authors of a report published today in Nature analysing the potential costs of climate change mitigation. Riahi told RTCC their research indicates a $30 price signal would give a 60% chance of limiting...

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