Every Year of Delaying Legislation on Climate Change Adds $500 Billion a Year

The normally conservative International Energy Agency is now saying that we must act faster to prevent climate change. Not only to prevent catastrophe, but also because the longer we wait, the more difficult and expensive it becomes to achieve the greater and greater cuts that are necessary to keep worldwide temperature rise to 2 degrees Centigrade or a 3.8 degrees Fahrenheit global average.

Faith Birol, the IEA Chief Economist at the International Energy Agency said that the world must speed up the reduction in fossil energy use and make a transition faster to clean renewable energy, not only because because of climate change but because of growing problems within our energy system and possible implications for the global economy.

Clean Technica