Page added on January 12, 2009
…Recent climate simulations conclude that CO2 emissions will need to peak within the next decade and decline by at least 50 to 80 percent by 2050. This challenge will be greatly complicated by the fact that China, India, and other developing countries are now rapidly developing modern energy systems.
The only chance of slowing the buildup of CO2 concentrations soon enough to avoid catastrophic climate change that could take centuries to reverse is to transform the energy economies of industrial and developing countries almost simultaneously. This would have seemed nearly impossible a few years ago, but since then, the energy policies and markets of China and India have begun to change rapidly
Around the world, new energy systems could become a huge engine of industrial development and job creation, opening vast new economic opportunities. Developing countries have the potential to leapfrog the carbon-intensive development path of the 20th century and go straight to the advanced energy systems that are possible today.
Improved technology and high energy prices have created an extraordinarily favorable market for new energy systems over the past few years. But reaching a true economic tipping point will require innovative public policies and strong political leadership.
Because of the tremendous urgency of this topic in the early days of the Obama Administration, we are making this report available for free download.
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