EIN News: Earth on Brink of Global Warming Catastrophe, Expert Warns

WASHINGTON, June 10, 2013 /PRNewswire-USNewswire/ -- The chief economist at the International Energy Agency sees catastrophic consequences for the planet if governments fail to take more immediate and decisive action to combat global warming.
Fatih Birol, one of the world's most respected energy experts, told the Guardian newspaper that greenhouse gas emissions were continuing to rise so fast that waiting much longer to replace the Kyoto protocol would set the earth on a path to 5C of warming, which he said would be "catastrophic." Current efforts are aimed at keeping temperature increases to 2C.
Birol's comments come as climate negotiators are meeting in Bonn, Germany trying to develop targets for adoption by 2015, which would then go into effect by 2020. The IEA has calculated that making necessary clean energy investments now would cost about $1.5 trillion. Investments after 2020 to meet climate targets would cost $5 trillion.

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