ReportsandReports - Carbon Trading and the Effect of the Copenhagen Agreement: Technical Options and Economic Drivers to a Low Carbon Future
The reduction of global carbon emissions is now widely regarded as paramount if the world is to avoid major negative consequences throughout the course of the next century. Current levels of c. 380 parts per million (ppm), represent both a record high and an unprecedentedly rapid rise (by 30 ppm in just 17 years). To avoid adverse consequences – and possible catastrophe – experts believe that urgent action must be taken now to limit peak CO2 to 450 ppm.
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