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World must eliminate fossil fuel emissions, OECD chief says

2013-10-09 08:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The world must eliminate emissions from burning fossil fuels in the second half of this century to lower the economic cost of climate change, the Organization for Economic Co-operation and Development (OECD) said on Wednesday. Leading economist and climate change expert Nicholas Stern has said that investment equivalent to 2 percent of global gross domestic product a year is needed to limit and adapt to climate change. OECD Secretary-General Angel Gurria acknowledged that climate change had...

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